A recent report by LexisNexis Risk Solutions found synthetic identity fraud is on the rise.
According to its latest Cybercrime Report based on more than 100 billion online transactions in 2025, LexisNexis said 11% of frauds now involve a synthetic identity, representing an eight-fold global increase over 2024.
“While organizations are strengthening defenses across channels, cybercriminal networks are scaling automation, shifting tactics and probing for any available weaknesses across the digital customer journey. Increasingly, attackers rely on advanced bots and AI-driven tools to mimic human behavior and test defenses with unprecedented speed and accuracy,” said Stephen Topliss, vice president of fraud and identity at LexisNexis Risk Solutions.
Synthetic fraud represents a shift in tactics away from short-term opportunism by fraudsters since it takes months…
Inspect the sender’s actual email address—not just the display name—for subtle misspellings like “info@paypa1.com” or “support@nmb-bank.co” which indicate a spoofing attempt.