Identity Fraud Report 2024

Identity Fraud Report 2024

Stay ahead of sophisticated fraud

Why are deepfakes rising? What’s the most frequently defrauded document? What are fraudsters looking for when attacking biometrics? Get answers to these questions and more in our Identity Fraud Report 2024. We’ve broken down 12 months of data to create an expert briefing that covers:

  • Document fraud trends looking at the past 5 years
  • Biometric attack vectors including deepfakes
  • Regional and industry-specific insights
Fraud Report Cover and Page Imagery

Increase in deepfakes

2024 looks set to be the year of deepfakes as digital attacks increase

UTC is the 'fraud hour'

More fraud occurs at this time, regardless of where businesses are in the world

More digital forgeries

Digital document fraud increases as fraudsters take advantage of AI tooling

Inside the report

In this report you’ll get analysis on the latest identity fraud trends, attack patterns, and prevention tips, to help you build a data-driven defence.

Key trend: Fraudsters go digital

The availability of online tools and improved AI tooling is opening up new avenues for fraudsters. Our analysis shows that digital tools are heavily influencing the types of attack vectors we’re seeing across the board: from digital document manipulation to deepfakes.

Increase in deepfakes graph

Key trend: Biometrics, the fraud frontier

Fraudsters are getting creative with how they target biometrics. But biometrics are still one of the strongest defense strategies. Biometric verification sees 3x fewer fraudulent attempts than documents. Discover why biometrics are so effective at preventing fraud.

Average biometric fraud rates graph

Ready to get started?

Our identity experts are available to talk through your requirements, answer questions, and set up a demo.

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