Digital Identity Risk Accelerates Fraud Losses

Fraud Is Evolving — Is Your Organisation Prepared?

Compromised identity data is fuelling a surge in fraud, overwhelming detection systems and enabling bad actors to exploit every customer touchpoint. From account creation to login and financial transactions, risk is rising across the consumer lifecycle.

To stay ahead, organisations need a clearer picture of identity — protecting against risky users while delivering friction-right experiences for genuine customers.

In this Global Fraud Trends Report, TransUnion shares insights to help fraud prevention leaders secure customer journeys and drive better business outcomes.

Key Global Fraud Insights:

  • 7.7% of equivalent annual revenue was lost on average due to fraud in the last year, representing $534 billion 
  • Digital account takeover surged, with a 21% increase in volume from H1 2024 to H1 2025 and a 141% rise since H1 2021, underscoring both short- and long-term growth in this threat.
  • Account creation is the riskiest stage: 8.3% of attempts suspected of fraud

UK Trends within the report reveal (page 30 of the report):

  • 7.7% of equivalent annual revenue on average lost due to fraud in the last year, according to 1,200 global companies
  • Top UK fraud types: Scam/authorised fraud (23%), synthetic identity (23%), and account takeover (20%)

Download the report now and start unmasking fraudsters hiding in plain sight.

Download the Report now

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