Synthetic identity fraud rising in 2024

Data breaches and fraud are on the rise, with synthetic identity fraud representing the biggest fraud trend in 2024. On this week’s Priorities podcast, Jeffrey Huth, a senior vice president at TransUnion, breaks down a recent report from the credit bureau outlining several rising threats facing the public sector. Huth says artificial intelligence is further complicating matters, and that it “will become much easier and faster to create completely realistic-looking, fabricated identities, whether it’s building a financial profile, [or] a digital footprint.”

StateScoop’s Priorities podcast is available every Thursday. Listen more here.

If you want to hear more of the latest across the state and local government technology community, subscribe to the Priorities podcast on Apple Podcasts, Google Podcasts, Soundcloud, and Spotify.