There has been a 44% increase in organized ID fraud in North America compared to preceding quarters, according to AU10TIX. This upsurge is believed to be driven by the ongoing economic recovery and inflationary pressures, particularly in the US market, which are emboldening professional ID fraud syndicates. Fraudsters target Asia-Pacific region Amid this escalation, the Asia-Pacific region emerges as the leading target for fraudsters, with over 4% of transactions flagged as an ID fraud attack. … More
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