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Digital Fraud: the New Battlefield Is on Devices, Not Passwords

Identity verification in mobile environments is facing a silent crisis. In 2024, global investments in digital identity solutions exceeded $40 billion, according to Precedence Research, and an additional $7 billion is projected for this year. However, despite widespread use of authentication technology, sophisticated fraud techniques, such as deepfakes and account appropriations, continue to circumvent legacy systems undetected.
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Identity verification in mobile environments is facing a silent crisis. In 2024, global investments in digital identity solutions exceeded $40 billion, according to Precedence Research, and an additional $7 billion is projected for this year. However, despite widespread use of authentication technology, sophisticated fraud techniques, such as deepfakes and account appropriations, continue to circumvent legacy systems undetected.

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elciudadanoweb.com broke the news in on Thursday, July 24, 2025.
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