Mitek Systems Wins Industry Award for Advanced Protection Against AI-Enabled Fraud,

Business Wire

8 hours ago

SAN DIEGO--(BUSINESS WIRE)-- Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification and fraud prevention, has been named the silver medalist in the 2025 Datos Insights Fraud and AML Impact Awards in the category of Best Digital Identity Verification. The award recognizes Mitek's Digital Fraud Defender, a multilayered security suite designed to protect against the growing wave of generative AI-driven fraud, including deepfakes and synthetic identity attacks.
The Datos Impact Awards in Fraud & AML honor innovations in financial crime prevention. Mitek earned recognition for its work helping businesses detect and stop complex identity fraud threats that traditional systems often miss. For more information on how Mitek protects against next-generation fraud, see the Datos Insights case study on Digital Fraud Defender.
'This award underscores the urgency of protecting financial institutions from the next generation of fraud,' said Chris Briggs, chief product officer at Mitek. 'We have long recognized that liveness detection alone is not enough to stop deepfakes, injection attacks, and other AI-driven threats. That is why Digital Fraud Defender combines multiple layers of protection, including proactive, Purple Team-led adversarial testing to anticipate emerging risks, support compliance, and preserve the trust our customers rely on. Recognition from Datos Insights validates that this approach is setting a new standard in fraud prevention.'
'Digital Fraud Defender's three-component architecture – injection attack detection, template attack detection, and deepfake detection – reflects the reality that AI-driven fraud requires multifaceted defenses,' said Jim Mortensen, strategic advisor at Datos Insights. 'Organizations can no longer rely on single-point solutions when facing increasingly sophisticated attack vectors.'
Digital Fraud Defender works behind the scenes during onboarding and authentication to detect signs of digital manipulation. It includes multiple layers of protection, such as:
deepfake detection that analyzes subtle visual artifacts and underlying metadata to identify AI-generated media
injection attack detection that flags content introduced through unauthorized or altered streams
template attack detection that identifies patterns tied to repeated use of fake documents
adversarial testing by Mitek's Purple Team, a team of ethical hackers who simulate real-world attacks to uncover vulnerabilities and strengthen defenses
In real-world deployments, Digital Fraud Defender has uncovered high volumes of fraud that traditional systems missed. In one instance, it identified more than 3,000 injection attacks in a targeted phishing campaign. In another, it maintained a 99 percent pass rate while filtering out deepfake images during biometric verification.
About Mitek
Mitek Systems protects what's real across digital interactions in a world of evolving threats. Mitek helps businesses verify identities, prevent fraud before it happens, and deliver secure, seamless digital experiences in the face of rapidly advancing AI-generated threats. From account opening to authentication and deposit, Mitek's technology safeguards critical digital interactions. More than 7,000 organizations rely on Mitek to protect their most important customer connections and stay ahead of emerging risks.
Follow Mitek on LinkedIn and YouTube, and read Mitek's latest blog posts here.
Datos Insights is the leading research and advisory partner to the banking, insurance, and security and investments industries—both the financial services firms and the technology providers who serve them. In an era of rapid change, we empower firms across the financial services ecosystem to make high-stakes decisions with confidence and speed. Our distinctive combination of proprietary data, analytics, and deep practitioner expertise provides actionable insights that enable clients to accelerate critical initiatives, inspire decisive action, and de-risk strategic investments to achieve faster, bolder transformation. Visit www.datos-insights.com to learn more.