REPORT

Veriff US Fraud Industry Pulse Survey 2024

The US economy is facing a surge in online fraud. Business leaders see the danger to their companies, customers, and revenues. Discover how US business leaders are fighting back.

Covering key sectors in the rapidly evolving digital ecosystem, such as compliance, digital fraud, risk, financial crime, customer authentication and more, this survey explores what keeps fraud professionals in the US awake at night – and the steps they are taking to protect their businesses.

Fraud is a growing problem for US decision-makers

Fraud is a major threat for business leaders in key sectors of the US digital economy.

Customers see the danger – and demand action

Over 86% of US fraud decision-makers say their customers are now more demanding when it comes to robust fraud prevention capabilities.

AI has been weaponized by fraudsters

Almost 78% of US decision-makers have seen an increase in the use of AI in fraudulent attacks over the past year, according to our survey.

Decision-makers are taking steps to secure their organizations

Less than 1% say they’re very unprepared and face considerable risk of attack. At the other end of the scale, about a third (32.21%) believe they are very prepared and face no risk of attack.