Entrust introduced AI-powered identity verification as a new capability for its Identity-as-a-Service (IDaaS) platform. As cyber threats evolve and grow more sophisticated, businesses are facing escalating risks and financial losses. In 2024, US businesses lost an estimated $112 billion to fraud, the equivalent of nearly 7% of their revenue. Modern attacks, such as deepfakes, synthetic identities, and advanced phishing campaigns leveraging AI render traditional security measures increasingly insufficient. The 2025 Identity Fraud Report revealed digital … More
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