Sumsub
-
Read more: Identity Fraud in APAC Surges 121% Amid Deepfake Explosion and Rise of Fraud-as-a-ServiceThe Asia Pacific region (APAC) is grappling with a dramatic rise in identity fraud, driven by deepfake technology and the accessibility of Fraud-as-a-Service (FaaS), according to Sumsub’s fourth annual Identity Fraud Report, released today. Identity fraud surged 121% year-on-year (YoY) in 2024, with Singapore, Thailand, and Indonesia experiencing spikes of 207%, 206%, and 201%, respectively. Deepfake…
-
Read more: Singapore Tops Global Fraud Index, Showcasing APAC’s Strength in Digital SecuritySingapore has been named the most fraud-resistant country in the Asia Pacific (APAC) region, securing the top spot in Sumsub’s newly released Global Fraud Index with a score of 1.09. The Index, a pioneering study covering 103 countries, reveals that APAC ranks as the third most protected region globally, underlining…
You must be logged in to post a comment.