Security News > 2020 > December > How ID fraud has surged in the wake of COVID-19
A report released Tuesday by identity verification firm Onfido looks at the increase in ID fraud since the outbreak of COVID-19 and offers tips on how to protect your organization, your users, and your customers from this type of crime.
To compile its "Identity Fraud Report for 2020," Onfido teamed up with criminal police organization Interpol to analyze different fraud techniques.
The report distinguishes between sophisticated, or "Hard" fraud attempts, and unsophisticated, or "Easy" fraud attempts.
For 2020, the volume of hard fraud attempts stayed the same as in 2019, but easy fraud attempts jumped by 23% from last year.
"There is no question that COVID-19 has catalyzed massive growth in identity fraud attempts, with industries like financial services disproportionately affected," Michael Van Gestel, head of global document fraud at Onfido, said in a press release.