Right now, someone could be using stolen identity details to open an account, approve a transaction, or access sensitive data.

Would your security stop them?

The reality of identity fraud in Australia & the UK

Fraud is no longer a low-level cybercrime—it’s a billion-dollar industry.

• Australia: More than 601,000 scams were reported in 2023, with losses hitting $2.74 billion. Identity theft continues to grow, targeting businesses and individuals alike. (Scamwatch)
• Australian Cyber Security Centre: Identity fraud is now the #1 reported cybercrime, making up 26% of all cases. (Cyber.gov.au)
• UK: Criminals stole £1.17 billion in 2023 through unauthorised fraud, with identity fraud making up 64% of all cases. (Cifas)

And these numbers only scratch the surface. Many fraud cases go undetected for months—sometimes years—before businesses realise they’ve been compromised.

What’s driving the surge in fraud?

💳 Synthetic identities are fooling basic ID checks – Criminals combine real and fake personal details to create entirely new identities.

🎭 Deepfake technology is making impersonation easier – AI-generated videos and voices can now trick traditional verification systems.

🔓 Passwords and one-time ID checks aren’t enough – If a fraudster has stolen identity details, how do you prove they’re not the real owner?

🚪 Fraudsters are targeting high-value transactions – Finance, healthcare, and government services are primary targets, with criminals looking for weak security points.

Would your security catch a fraudster in real time?

Most fraud happens during account opening or authentication, when businesses rely on static identity checks that only verify an individual once. But criminals don’t play by the rules—they evolve, adapt, and find ways to beat traditional systems.

The solution? Continuous identity verification.

Unlike traditional checks that happen once, continuous biometric security confirms a user’s identity at key moments—not just when they sign up.

How continuous biometric checks stop fraud before it happens

🔹 Face recognition – Confirms the person matches their ID in real time.
🔹 Voice biometrics – Verifies a live, real-time voice match.
🔹 Liveness detection – Ensures the user is physically present and not using a deepfake, video, or stolen image.

A fraudster can fake a document. They can fake a voice. They can fake a video.

What they can’t fake? A live, real-time biometric check.

What’s next?

Fraudsters are getting smarter, faster, and more convincing. If your security doesn’t evolve, they’ll find a way in.

For security teams, it’s not just about stopping fraud—it’s about protecting your business, your reputation, and your customers.