Feb. 7, 2024, 4:20 p.m. | Bianca Gonzalez

Biometric Update www.biometricupdate.com

Identity trends in 2023 saw generative AI facilitate the creation of fake IDs. Notable breaches affected millions around the world, while some approaches to digital identity, like passkey authentication, rose.

Data breaches go hand in hand with synthetic identity theft, in which real PII is mixed with falsified information to create a new identity. It's no coincidence that half of all consumers had their personal information leaked, while half of all businesses saw a growth in synthetic fraud, according to …

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