43% of U.S. consumers experienced financial identity theft – application fraud in their name or account takeover (ATO) – in the past two years1.
These attack patterns are a concern for consumers and for financial executives and only part of the ever-changing landscape. What is the truth behind these types of fraud and what does this mean for financial institutions – today and tomorrow?
Download the commissioned Aite report, Financial Identity Crimes in the U.S. to learn:
- The incidence rate of identity theft
- The very real problem of application fraud related to financial accounts
- Consumer’s satisfaction level with account takeover fraud recovery process
1Financial Identity Crimes in the U.S.: The Stark Reality. Aite Group, July 2021.