According to new research from Flashpoint, cybercriminals are increasingly using artificial intelligence to create deepfake technology that can bypass Know Your Customer (KYC) processes. Rather than inventing new AI tools, these threat actors are honing existing technologies to make their attacks more effective. This trend poses a significant risk to financial institutions and companies that rely on KYC protocols to verify customer identities. As deepfakes become more sophisticated, organizations may struggle to differentiate between real and fake identities, leading to potential fraud and security breaches. The report indicates that as these tactics evolve, companies must enhance their verification processes to combat this growing threat.