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Five ways enterprises can stop synthetic identity fraud with AI

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On pace to defraud financial and commerce systems by nearly $5 billion by 2024, synthetic identity fraud is among the most difficult to identify and stop. Losses amounted to 5.3% of global digital fraud in 2022, increasing by 132% last year.

 Sontiq, a TransUnion company, analyzed publicly available data to compare 2022 data breach volumes…

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