Synthetic identity fraud is escalating, costing businesses close to $5 billion in 2024. 💰 It's a sophisticated crime that merges real and fake data to bypass security measures, impacting sectors from financial institutions to online marketplaces. Recognizing and combating this fraud requires innovative solutions. 🔍 Our partner mFilterIt, delves into the urgency of recognizing and tackling this growing threat in their recent article: https://lnkd.in/dXh3sE6i #mfilterit #identityfraud #onlinesafety #cybersecurity
Rip off the mask! Detect Synthetic Identity Fraud to protect your genuine shoppers. In an era where identity fraud is increasingly sophisticated, traditional methods may not suffice. Discover how OSINT (Open source intelligence) can help organizations stay ahead of evolving threats while ensuring seamless customer experiences. Read our blog - bit.ly/43nYe0Y to safeguard your business from identity scams today! #IdentityFraud #CyberSecurity #mfilterit Varun Grover
Anti-Ad Fraud Expert | Co-Founder of mFilterIt | Building Technologies For Brands To Save Their AdSpends & Protect Brand Reputation
8moThis is a major issue impacting businesses online and uncovering synthetic identities is important to get genuine business and consumers!