IDScan.net, a pioneering provider of AI-powered identity verification technology, has released its 2024 Annual ID Fraud Report, revealing a sharp rise in fraudulent ID activity across finance, logistics, and security-sensitive industries.
Drawing on data from more than 150 million ID scans conducted in 2024, the report shows a significant increase in fraud attempts driven by synthetic identities, deepfakes, and manipulated digital documents.
IDScan.net’s proprietary system
Identity fraud reached its highest levels in Q4, with the finance and banking sector experiencing the IDs
Identity fraud reached its highest levels in Q4, with the finance and banking sector experiencing the most flagged IDs at 6.83%, and logistics close behind at 1.79%.
IDScan.net’s proprietary three-layer system—featuring advanced barcode checks, AI-based authentication using UV/IR scans, and real-time database matching—was key in detecting a wide range of fraudulent documents.
Average age of fraud attempts
The average age of fraud attempts was 31, with a majority linked to male identities. Most fakes were associated with IDs claiming to originate from Colorado, Arizona, California, Nevada, or Texas.
They’re happy to provide further information or arrange a conversation with Jimmy Roussel to discuss these findings in more detail.
