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Global Fintech Series

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Identity Fraud Costs Organizations an Average of $7 Million Annually, Says New Research From Docusign and Entrust

  • Identity fraud is a growing threat globally and across industries, with over two-thirds of organizations reporting increased fraud attempts.
  • Organizations with over 5,000 employees have an annual direct identity fraud cost of $13 million on average.
  • AI-assisted fraud is on the rise, with attacks becoming more sophisticated and frequent.
  • Organizations recognize the benefits of investing in identity verification solutions, with savings averaging $8 million and a positive impact on their brand.

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