Veriff Identity Fraud Report1

Description: Welcome to Veriff’s 2025 Identity Fraud Report, our annual investigation into the state of online fraud. Drawn from deep analysis of our customer data and our field research over the last 12 months, this report is our most comprehensive yet and covers more industries, regions, fraud types, and use cases than ever before. With so much data at our disposal our AI-powered engines and fraud teams mitigate many thousands of attempts to infiltrate our customers’ systems on a daily basis there are numerous narratives to discuss here. But, no matter whether we break things down by geographic region, industry, or fraud type, the main story is one that is predictably and sadly familiar: online fraud is on the rise. In fact, our main takeaway is that online fraud increased by 21% year-on-year since our 2024 report.