Weak State Controls and AI-Generated Documents Fuel Surge in Synthetic Entity Fraud. Fraudsters are exploiting weak state controls to create synthetic businesses for less than $150, with potential payouts of more than $100,000 for each fake identity. Synthetic entity fraud has rapidly shifted from a niche threat to a mainstream risk, said Dun & Bradstreet’s Andrew La Marca.
First seen on govinfosecurity.com
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