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Synthetic identities leave US lenders with $2.4 billion in fraud exposure
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Criminals are exploiting established customer accounts and familiar brands to steal money and personal information, according to TransUnion’s Fraud in the Age of Continuous Trust report. Eighty-one percent of suspected digital fraud in its network during the first half of 2026 oc
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Criminals are exploiting established customer accounts and familiar brands to steal money and personal information, according to TransUnion’s Fraud in the Age of Continuous Trust report. Eighty-one percent of suspected digital fraud in its network during the first half of 2026 occurred during account logins and financial transactions, highlighting risks that persist throughout a customer relationship. Verifying someone’s identity does not establish whether every subsequent interaction can be trusted. Scammers can manipulate legitimate customers into … More → The post Synthetic identities leave US lenders with $2.4 billion in fraud exposure appeared first on Help Net Security.