Synthetic identity fraud soared 8X in 2025 – report
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Theft using synthetic identities now accounts for 11 percent of all reported fraud, making it the fastest-growing fraud type worldwide, a new analysis from LexisNexis Risk Solutions reveals. The frequency of synthetic identity fraud increased eight-fold in 2025, showing a shift in fraudsters’ tactics, according to the data analytics company’s latest Cybercrime Report. Fraudsters are investing time to […]
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