Business Wire India
Generative AI is fueling a new wave of identity fraud, making digital security more critical than ever. In response, Veridas, a global leader in AI-driven identity verification, has introduced an advanced injection attack detection capability to combat the growing threat of synthetic identities. This new feature strengthens fraud prevention by combining injection detection with liveness verification across face, voice, and document authentication.
Injection Attacks: The Hidden Threat in Digital Fraud
According to the Veridas Identity Fraud Report 2024, 85% of financial fraud cases now involve synthetic identities. The UK government recently declared deepfakes as the โgreatest challenge of the online ageโ, highlighting these growing risks. Fraudsters inject deepfakes and synthetic data directly into identity systemsโbypassing device sensors entirely. Traditional fraud detection only analyzes whatโs presented (images, videos, or voices), not whether the device is compromised. Veridas has focused onPresentation Attack Detection (PAD), which detects fake images, videos, and voices. Now, we go further by ensuring the integrity of the device itself. Our new injection attack detection prevents fraud at its source, securing both the biometric input and the device it comes from.
Injection attacks pose a significant risk to millions of users and businesses. Traditional fraud prevention is no longer enough, and innovative solutions are needed to address these advanced threats.
Veridasโ Breakthrough: Advanced Injection Fraud Detection
For years, Veridas has been at the forefront of secure onboarding solutions, excelling in document verification, selfie authentication, and liveness detection. Now, with the introduction of its advanced injection attack detection feature, Veridas is taking fraud prevention to the next level.
This new security feature verifies device authenticity during onboarding to combat AI-driven injection attacks. Leading financial institutions in Italy, Spain, the US, and Mexico are already using it to uncover previously undetected fraud attempts.
โOur technology is a game-changer for businesses facing the challenges of Gen AI fraud. By adopting Veridasโ injection fraud detection, companies can protect their operations, maintain customer trust, and confidently meet compliance requirements,โsaid Javier San Agustรญn, CTO at Veridas.
About Veridas
Veridas is a global provider of advanced identity verification, biometrics, and anti-fraud solutions. Its end-to-end services enable organizations across sectors to build secure, user-friendly digital experiences.