Fraud and Identity Challenges for Fintechs

Recent statistics reveal a direct connection between employee identity theft and business vulnerabilities. Compromised employee credentials can be a common entry point for fraudsters and putting your organization’s cybersecurity at risk. 

• Up to 80% of cyberattacks leverage identity-based attack methods, and many breaches stem from phishing attacks targeting employee login details
  
• The average cost of a data breach was $4.88 million in 2024, the highest average on record.
  
• Cyberattacks are becoming more common, striking 4,000 times per day.

Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.

Credit risk, fraud, and compliance have long operated in silos, but forward-thinking organizations are unlocking new opportunities through convergence.

Read our e-book to learn how aligning these critical functions can help you:

• Reduce overall risk
• Improve operational efficiency
• Stay ahead of the competition

Generative AI is transforming fraud at an unprecedented pace — making attacks faster, more sophisticated, and harder to detect.
In this webinar, our fraud experts discuss key trends for 2025 and share actionable strategies to strengthen your defenses.

What you'll learn:

• The top three fraud threats to watch in 2025.
• How fraud leaders are tackling GenAI-driven attacks.
• Practical strategies for building a future-ready fraud stack.

Watch now to stay ahead of the evolving fraud landscape.