Inside the Underground Market for Know Your Client Services
Summary
Cybercriminals are selling forged identity documents, deepfake videos, and live verification services on the dark web to help bypass Know Your Client (KYC) checks. This underground market is facilitating the creation and maintenance of fraudulent verified accounts.
IFF Assessment
This article details criminal services that enable bypassing security and identity verification measures, which directly aids malicious actors.
Defender Context
The rise of sophisticated underground markets for identity fraud tools, including deepfakes and live verification bypasses, poses a significant challenge for organizations relying on KYC and AML processes. Defenders must be aware of these emerging threats and continuously update their identity verification mechanisms to detect and prevent the use of forged or manipulated credentials.