Global State of Fraud and Identity Report
Explore our latest research and insights into the identity trends, threat vectors and technologies most impacting identity trust, risk management and customer experience.
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Uniting Against Industrialized Fraud by Understanding Emerging Trends
Today's global fraud outlook sits precariously at the intersection of market volatility, accelerated digital transformation and consumer vulnerability. Cybercrime-as-a-service plug and play technology tools are making it easier than ever for even unsophisticated fraud rings to launch and scale costly attacks.
Vulnerable consumers, either new to digital or just emerging in the marketplace, are becoming valuable commodities as fraudsters expertly leverage them in a host of escalating scams and man-in-the-middle attacks.
Vulnerable consumers, either new to digital or just emerging in the marketplace, are becoming valuable commodities as fraudsters expertly leverage them in a host of escalating scams and man-in-the-middle attacks.
The LexisNexis® Global State of Fraud and Identity Report provides a snapshot of current fraud trends in the global market across the following regions: APAC, EMEA, LATAM and North America, including key pain points and opportunities related to risk management.
This report is based on an analysis of transactions and attacks detected by the LexisNexis® Digital Identity Network® (the Digital Identity Network) from January – June 2022 and supported by further surveys carried out on 2,952 fraud and risk executives between 2021 and 2022. In the report, we explore:
This report is based on an analysis of transactions and attacks detected by the LexisNexis® Digital Identity Network® (the Digital Identity Network) from January – June 2022 and supported by further surveys carried out on 2,952 fraud and risk executives between 2021 and 2022. In the report, we explore:
- How expanding digital economies are creating exponential opportunities for fraud
- The multi-dimensional aspect of consumer identities, and how a dynamic view of digital, physical and behavioral identities can help with risk mitigation
- A deeper understanding on how global fraud rings are transforming fraud strategies into complex, professional schemes – and how to fight it with a collective response
- The complexity of social engineering scams as fraudsters target the most vulnerable part of digital interactions
- The rise of mobile transactions and alternative payments, and the challenges and opportunities for businesses
- How to protect the customer journey from end to end, prioritizing customer experience
- Main trends to look out for in the Ecommerce, Financial Services, Telecommunications and Media industries
- How technology and multi-dimensional data are driving the future of risk management
- And finally, our top 5 strategies for establishing trust, improving consumers’ experience and mitigating risk
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