Reports & Whitepapers: Landscape

Identity Fraud Report 2020

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10 | Our data bears out what many of our customers have felt anecdotally: that risk of identity fraud is increasing, and attacks are happening more frequently. In the year from October 2018 - 2019, we saw an average ID fraud rate of 4.1%. Over the last year, that's jumped up to 5.8% – and that trajectory looks set to keep trending upwards. There are a number of reasons for this, the key ones being the ubiquity of stolen data and the Covid-19 pandemic opening up more opportunities for fraud. Trends ID fraud is increasing 5.8% October 2019 - 2020 4.1% October 2018 - 2019

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