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Threats of Identity Theft and the Role of Frameworks in Preventing It
The risk of identity theft is high, leading to potential scenarios such as stealing someone's IRS return money or billing Medicare with fictitious patients. The speaker questions the lack of notifications when such incidents occur and speculates on the increasing difficulty for criminals to steal identities with the rise of ID systems. However, the emergence of tools like fraud GPT and worm GPT in the dark web, which are retrained language models used by scammers, highlight the ongoing challenges and need for advanced security frameworks to combat identity theft effectively.