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Social Media Identity Fraud Rises 16% as Cybercriminal Tactics Evolve: Report
- The APAC region has emerged as a hotspot for fraud, experiencing a 1,530% increase in deepfake-related incidents.
- Identity fraud has evolved into a large-scale, coordinated effort involving bots and deepfake technology.
Wednesday, 11/09/2024 | 14:47 GMT by
Jared Kirui
Fraudsters' New Frontier: Identity Fraud Soars 21% on Social Media
- Organized crime groups are shifting tactics to establish the credibility of fake accounts.
- Europe's implementation of regulations like MiCA has mitigated attacks despite the Bitcoin frenzy.
Friday, 15/03/2024 | 16:06 GMT by
Jared Kirui
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