Socure has launched Sigma Synthetic Fraud v4, a product that uses AI and diverse data sources to detect synthetic identity fraud. This type of fraud, involving the creation of fake identities, is expected to cause $23 billion in losses by 2030. The new tool identifies fraudsters at the onboarding stage, before they can cause damage, and uses a variety of techniques to prevent and predict fraudulent activity.
M&S aims for full online restoration within four weeks following major cyber attack
Summarize this content to a maximum of 60 words: M&S CEO Stuart Machin says the high street retailer plans to fully restore operations by August
