Last year, the U.S. experienced a staggering 1,740% increase in deepfake attacks and identity takeovers and this year those attacks are expected to increase tenfold. The staggering pace of AI adoption by fraudsters is exposing credit unions and other financial institutions to huge risk and associated liabilities as existing KYC controls are rendered ineffective in the face of this new threat. Thankfully, AI also holds the key to defending against these attacks.  

In this on-demand webinar, James O’Toole, Chief Business Officer with ID-Pal, walks us through the techniques used by fraudsters to spoof the member onboarding process. He highlights key approaches credit unions can take to prevent these deep fake attacks impacting their institutions, using real-world examples for context. 

Watch the webinar