Socure’s Matt Thompson addresses security challenges posed by AI-powered fraud

Matt Thompson, SVP and GM for the public sector at Socure emphasizes that AI and ML can enhance identity verification processes by analyzing multiple digital signals simultaneously, reducing false positives, and improving the onboarding experience for individuals accessing benefits and services. Thompson also expresses concerns about the increasing use of AI by fraudsters and criminal organizations to attack government systems, especially during the pandemic. He highlights the need for the government to stay ahead of these threats and adapt to the evolving technology landscape.