ID Fraud Report 2022—Identities in a digital-first world

Identity Fraud continues to be a growing problem in Europe, with fraudsters creating increasingly sophisticated methods to acquire personal information. And even though this past year saw a decrease in Similarity Frauds, Social Frauds were on the rise. But what exactly are the most common fraud patterns and where are they occurring?

Fraud schemes such as Social Engineering, Counterfeit Fraud, and Authorized Push Payment Fraud are just a few of the many techniques experts have observed, with countries such as Italy, Spain, France, and Germany attractive locations for their occurrence. However, despite these observations, the overall Fraud Detection Rate has remained seemingly high.

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