AU10TIX Year-End Report on Global Identity Fraud Names 2024 'The Year of Fraud-as-a-Service (FaaS)'
AU10TIX has released its 2024 Global Identity Fraud Report, highlighting the rise of Fraud-as-a-Service (FaaS) as a major threat. The report reveals how user-friendly fraud kits enabled amateurs to execute large-scale attacks involving up to 8,000+ incidents.
Key findings include a significant mega-attack detected across four regions and three industries, involving 4,580 unique ID template permutations, with APAC accounting for 88% of mega attacks. Social media platforms saw a dramatic increase in fraud, rising from 3% of attacks in Q1 to 30% in Q4 2024. Meanwhile, fraud in the payments sector decreased from 54% to 43%, while crypto attacks stabilized at 24% following MiCA regulations.
The report recommends three key actions: implementing enhanced fraud detection tools for social media platforms, engaging in consortium validation, and adopting proactive AI-driven validation measures to combat emerging threats like deepfakes and synthetic identities.
AU10TIX ha rilasciato il suo Rapporto Globale sulla Frode Identitaria 2024, evidenziando l'aumento del Fraud-as-a-Service (FaaS) come una minaccia principale. Il rapporto rivela come kit di frode user-friendly abbiano permesso a dilettanti di eseguire attacchi su larga scala, coinvolgendo oltre 8.000 incidenti.
I risultati chiave includono un significativo mega-attacco rilevato in quattro regioni e tre settori, con 4.580 permutazioni uniche di modelli di identificazione, dove l'APAC rappresenta l'88% degli attacchi mega. Le piattaforme di social media hanno registrato un aumento drammatico delle frodi, passando dal 3% degli attacchi nel primo trimestre al 30% nel quarto trimestre del 2024. Nel frattempo, le frodi nel settore dei pagamenti sono diminuite dal 54% al 43%, mentre gli attacchi crypto si sono stabilizzati al 24% dopo l'entrata in vigore delle regolazioni MiCA.
Il rapporto raccomanda tre azioni chiave: implementare strumenti avanzati di rilevamento delle frodi per le piattaforme di social media, impegnarsi nella validazione consortile e adottare misure di validazione proattive guidate dall'IA per combattere minacce emergenti come deepfake e identità sintetiche.
AU10TIX ha publicado su Informe Global sobre Fraude de Identidad 2024, destacando el aumento del Fraud-as-a-Service (FaaS) como una amenaza principal. El informe revela cómo kits de fraude fáciles de usar han permitido que aficionados lleven a cabo ataques a gran escala, involucrando más de 8.000 incidentes.
Los hallazgos clave incluyen un mega-ataque significativo detectado en cuatro regiones y tres industrias, con 4.580 permutaciones únicas de plantillas de identificación, siendo APAC responsable del 88% de los mega ataques. Las plataformas de redes sociales vieron un aumento dramático en el fraude, pasando del 3% de los ataques en el primer trimestre al 30% en el cuarto trimestre de 2024. Mientras tanto, el fraude en el sector de pagos disminuyó del 54% al 43%, mientras que los ataques en criptomonedas se estabilizaron en un 24% tras las regulaciones de MiCA.
El informe recomienda tres acciones clave: implementar herramientas mejoradas de detección de fraude para plataformas de redes sociales, participar en la validación consorciada y adoptar medidas proactivas de validación impulsadas por IA para combatir amenazas emergentes como los deepfakes y las identidades sintéticas.
AU10TIX는 2024년 글로벌 신원 사기 보고서를 발표하며 Fraud-as-a-Service (FaaS)의 증가를 주요 위협으로 강조했습니다. 보고서는 사용자 친화적인 사기 키트가 아마추어들이 8,000건 이상의 사건이 포함된 대규모 공격을 실행할 수 있게 했다는 것을 보여줍니다.
주요 발견 사항으로는 네 개 지역과 세 개 산업에서 감지된 상당한 메가 공격이 있으며, 4,580개의 고유 ID 템플릿 변형이 포함되어 있으며, APAC 지역이 메가 공격의 88%를 차지하고 있습니다. 소셜 미디어 플랫폼에서는 사기의 급격한 증가가 있었으며, 1분기 공격의 3%에서 2024년 4분기에는 30%로 증가했습니다. 한편, 결제 부문에서의 사기는 54%에서 43%로 감소했으며, 암호화폐 공격은 MiCA 규정 이후 24%로 안정세를 보였습니다.
보고서는 세 가지 주요 조치를 권장합니다: 소셜 미디어 플랫폼을 위한 강화된 사기 탐지 도구 구현, 컨소시엄 검증 참여, 딥페이크 및 합성 신원과 같은 새로운 위협에 맞서기 위한 AI 기반의 적극적인 검증 조치 채택.
AU10TIX a publié son Rapport Mondial sur la Fraude d'Identité 2024, soulignant l'augmentation de Fraud-as-a-Service (FaaS) en tant que menace majeure. Le rapport révèle comment des kits de fraude conviviaux ont permis à des amateurs d'exécuter des attaques à grande échelle impliquant plus de 8 000 incidents.
Les principales conclusions incluent une méga-attaque significative détectée dans quatre régions et trois secteurs, impliquant 4 580 permutations uniques de modèles d'identité, l'APAC représentant 88 % des méga-attaques. Les plateformes de médias sociaux ont connu une augmentation spectaculaire de la fraude, passant de 3 % des attaques au premier trimestre à 30 % au quatrième trimestre 2024. Pendant ce temps, la fraude dans le secteur des paiements a diminué de 54 % à 43 %, tandis que les attaques cryptographiques se sont stabilisées à 24 % suite aux réglementations MiCA.
Le rapport recommande trois actions clés : la mise en œuvre d'outils de détection de fraude améliorés pour les plateformes de médias sociaux, la participation à la validation en consortium et l'adoption de mesures de validation proactives pilotées par l'IA pour lutter contre les menaces émergentes telles que les deepfakes et les identités synthétiques.
AU10TIX hat seinen Global Identity Fraud Report 2024 veröffentlicht, der den Anstieg von Fraud-as-a-Service (FaaS) als eine große Bedrohung hervorhebt. Der Bericht zeigt, wie benutzerfreundliche Betrugskits Amateuren ermöglichten, großangelegte Angriffe mit über 8.000 Vorfällen durchzuführen.
Zu den wichtigsten Erkenntnissen gehört ein signifikanter Mega-Angriff, der in vier Regionen und drei Branchen festgestellt wurde, mit 4.580 einzigartigen ID-Vorlagenvariationen, wobei APAC 88% der Mega-Angriffe ausmacht. Die Plattformen sozialer Medien verzeichneten einen dramatischen Anstieg von Betrugsfällen, der von 3% der Angriffe im ersten Quartal auf 30% im vierten Quartal 2024 anstieg. Unterdessen sank der Betrug im Zahlungssektor von 54% auf 43%, während Krypto-Angriffe nach den MiCA-Regulierungen bei 24% stabil blieben.
Der Bericht empfiehlt drei wesentliche Maßnahmen: die Implementierung verbesserter Betrugserkennungstools für soziale Medien, die Teilnahme an Konsortialvalidierungen und die Einführung proaktiver, KI-gesteuerter Validierungsmaßnahmen zur Bekämpfung neuer Bedrohungen wie Deepfakes und synthetischen Identitäten.
- Detection of a major fraud attack spanning multiple regions and industries, demonstrating strong security capabilities
- Successful identification of 4,580 unique fraud permutations in a single attack
- Company's ability to track and analyze fraud trends across different sectors
- Significant increase in social media platform attacks (from 3% to 30% in Q4)
- Rising sophistication of fraud techniques through FaaS platforms
- Emergence of AI-driven threats like deepfakes requiring additional security investments
Plug-and-Play Fraud Kits Enabled Novices to Launch Mega-Attacks Across Payments, Crypto and Social Media Platforms
"FaaS has elevated cybercrime, enabling a whole cohort of the population to join in on global fraud by launching large-scale attacks involving up to 8,000+ incidents," said Dan Yerushalmi, CEO of AU10TIX. "Using AI-driven tactics such as deepfake selfies and synthetic identities, organized fraudsters are testing traditional security measures like never before. Only by adopting more advanced fraud prevention techniques and multi-layered defenses can businesses stay ahead of emerging threats and strengthen trust with their users."
FaaS platforms provide all the tools, templates and automation that fraudsters need to commit widescale identity fraud, deepfakes, and cyberattacks, including:
- Deepfake generators to create synthetic selfies and videos
- Botnets to automate mass-scale account creation and takeover
- Phishing kits for email and web-based scams
- Dark web marketplaces: a hub for buying stolen data
AU10TIX Identifies 2024 Mega Attack of 4580 Unique Permutations
In one instance, AU10TIX detected a single mega attack spanning four geographies (APAC, EMEA, LATAM, NA) and three industries (payments, crypto, social media). It involved 4,580 unique permutations of the same ID template and had all the markings of an FaaS-enabled attack.
APAC led the pack as the epicenter of 2024's mega attacks, taking
Other 2024 Trends
Social media became a critical battleground for fraud and misinformation in 2024, with a surge of activity related to elections, international conflicts, and other hot-button topics. Users also increasingly leveraged these platforms for e-commerce, which opened the door for fraudsters to conduct illicit activities that were once confined to payments, banking, crypto, and other fintech platforms. As a result, a full
As fraud increased on social media platforms, it declined in the payments sector, historically the most targeted industry. Payments saw
Key Takeaways
AU10TIX's 2024 Report on Global Identity Fraud offers three actionable insights to help organizations protect against identity fraud:
- Social Media Platforms Must Invest in Smarter Fraud Detection - Enhanced selfie and fraud detection tools are necessary to protect social media engagement, ensure account authenticity, and prevent the risks posed by fake accounts.
- Engage in Transparent Collaboration - Consortium validation and visual fraud simulations are powerful tools against FaaS-driven mega attacks. Organizations can leverage consortium insights to add a robust second layer of protection and risk mitigation.
- Be Proactive - Don't just react to what's happening now; prepare for what's coming next. Future-proofing means adopting AI-driven validation and multi-layer defenses to combat deepfakes, synthetic identities, and emerging threats.
About AU10TIX
AU10TIX plays a pivotal role in establishing trust between individuals/companies and digital systems. Founded in 2002, it is the global leader in identity verification and management, protecting the world's largest brands against advanced fraud. The company's future-proof product portfolio helps businesses provide frictionless customer onboarding and verification in 4-8 seconds while staying ahead of emerging threats and evolving regulatory requirements. AU10TIX offers the world's only
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SOURCE AU10TIX
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