Entrust releases its Identity Fraud Report 2026, which reveals how global fraud continues to impact financial services in a new era of fraud-as-a-service
FRAUD & ID VERIFICATION
ENTRUST
Entrust releases its Identity Fraud Report 2026, which reveals how global fraud continues to impact financial services in a new era of fraud-as-a-service
Entrust, a global leader in identity solutions including KYC, has released its Entrust Identity Fraud Report 2026. The study examines the escalating scale and complexity of global fraud, primarily driven by the professionalisation of crime and advances in Gen AI. The study analyses more than one billion identity verifications across 195 countries, noting that the average fraud rate rose to 3.1 % in 2024. Key findings highlight that fraudsters now target identity elements, prevention systems and people through psychological manipulation.
Similarly, deepfakes have also become a significant threat – now linked to one in five biometric fraud attempts. Document fraud remains persistent, with national ID cards accounting for 46 % of fraudulent submissions. The report also identifies a 40 % year-on-year increase in injection attacks, which
“In today’ s AI-driven landscape however, that trust can no longer be taken for granted”
Shira Rubinoff, CEO The Cybersphere Group
bypass cameras to feed falsified media directly into systems.
“ In today’ s AI-driven landscape however, that trust can no longer be taken for granted.” says Shira Rubinoff, CEO of The Cybersphere Group.
The industry is shifting towards“ fraud-as-a-service”, where organised rings operate 24 / 7, peaking when regional defences are offline. Geographically, the Americas experienced the highest fraud rates at 4.3 %. To counter these threats, the report advocates for a multi-layered, AI-driven defence strategy that effectively secures every stage of the identity lifecycle.
118 May 2026