How Synthetic Identity Fraud is Coming for Machine Identities

Synthetic identity fraud is a type of fraud that involves creating a new, fake identity by combining real and fabricated data points. This is different from traditional identity theft, where an attacker steals a real person's sensitive information. The fake identity is made up of a mix of real and made-up information, making it difficult to detect. Because the identity is not real, there is no actual victim to monitor and report any misuse. This type of fraud is particularly challenging to catch as a result.