Identity Fraud Report 2022

December 9, 2021

Identity fraud has risen 44% since 2019. Consumers and businesses alike have moved rapidly online over the last few years, and fraudsters have followed suit. Put simply, more online activity means more opportunities for fraudsters. 

But as we head into 2022, which fraud trends are here to stay, and have any new ones emerged?

This report examines the fraudulent trends and techniques that have emerged over the last year, as well as best practices your business can put in place to prevent them.

Key fraud trends from 2021

Average ID fraud rates hit 5.9% in 2021 

ID fraud is yet to return to pre-pandemic levels, up 44% since 2019.

Fraudsters continue to target crypto platforms

As the price of crypto rises, so does the number of fraudulent attacks.

Medium fraud has risen by 57%

Driven by organized criminals who favor duplication techniques.

Previous Article
Online identity fraud: Behind the scenes with a fraudster
Online identity fraud: Behind the scenes with a fraudster

Identity fraud is up 44% since 2019. Here are some of the ways an amateur fraudster tries to bypass busines...

Next Article
Digital trust strategies for 2022: thoughts from MoneyLion & Onfido | Panel Discussion
Digital trust strategies for 2022: thoughts from MoneyLion & Onfido | Panel Discussion

In this webinar Onfido and MoneyLion discuss how customer attitudes are changing, trust cuts both ways, and...