Fraud has evolved into a complex, borderless threat. As businesses grow, fraudsters expand their reach, exploiting new vulnerabilities.

Download the APAC edition of the Identity Fraud Report for fraud insights unique to the dynamic and diverse region, based on data gathered by Sumsub.

The identity fraud landscape has become more complex and dangerous, attributed mainly to three primary factors. One of them is the democratization of fraud, where advanced fraud technology is becoming more accessible and cheaper. This report will demonstrate how a fraudster group can inflict losses of up to US$2.5 million in a month with only US$1,000 at the disposal.

In the report, Sumsub also discusses how governments in the various APAC jurisdictions intensify efforts to combat fraud through stricter regulations, shared responsibility frameworks and cross-agency collaboration.

With observations and analysis gathered from over 1,000,000+ fraud attempts, 50+ fraud and risk professionals and 200+ end-users, get first-hand insights on the fraud scene in the APAC region.

This report includes research and data points from 18 jurisdictions in APAC: Australia, Bangladesh, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Pakistan, the Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, and Vietnam.

Download the report now.