From Crime to Commerce: How Fraud Became a Business – and How Digital Identity Can Help Protect Us From It

Today, fraud has evolved into a repeatable, scalable business service, powered by digital platforms and AI. The “fraud-as-a-service” ecosystem treats identity data as a core asset, enabling attackers to automate operations, reuse stolen or synthetic identities, and monetize fraud at scale.

Key sectors like financial services, education, and workforce systems are particularly vulnerable to impersonation, account takeovers, and synthetic identity creation due to their use of digital onboarding and reliance on static identity checks that are easily replicated or bypassed.

This article explores the nature and the extent of the problem, and outlines how an infrastructure approach to trust, built on identity, can go head-to-head with this trend.

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IDEMIA Public Security

In Depth

Fraud

From Crime to Commerce: How Fraud Became a Business – and How Digital Identity Can Help Protect Us From It

In Depth

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