Identity fraud cases in the UK have surged to a record high of over 421,000, marking a 13% increase from the previous year.
Fraudscape 2025 report highlights a growing sophistication among fraudsters, with examples such as exploiting the Companies House system and claiming Universal Credit fraudulently.
Certain regions like Bedfordshire, Cleveland, Merseyside, Nottinghamshire, and Greater Manchester are disproportionately affected by identity theft cases.
Telecom sector faces a 76% rise in account takeover cases, with mobile phone accounts being prime targets; individuals over 61 account for 25% of identity fraud victims.