Identity verification
Cybersecurity statistics about identity verification
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46% of respondents reported that up to 75% of banking identity verification processes are currently automated.
38% of banks expect their identity verification budgets to grow by 21-50% in the coming years.
56% of Filipino business leaders ranked identity verification as the most effective technology for preventing fraud.
More than half (53%) of business leaders globally ranked identity verification in their top three technologies for preventing fraud.
49% of Canadians reported experiencing more frequent identity verification checks during online purchases.
Nearly 20% of Canadians will abandon a checking account if identity checks are too difficult or time-consuming.
49% of Canadians reported experiencing more frequent identity verification checks while logging into bank accounts.
15% of Canadians have reduced or stopped using their checking accounts due to the difficulty of identity checks.
17% of Canadians have reduced or stopped using credit cards due to the difficulty of identity checks, which is slightly higher than in 2023.
There are nearly twice as many identity verification users aged 60–64 as there are aged 20–24, suggesting older adults are both highly targeted and proactive in self-protection.
Global willingness to spend time verifying identity on sharing economy platforms was 70% in 2025, which is only slightly down from 71% in 2024.
In 2025, 74% of global consumers said they would willingly spend more time on identity verification when accessing travel and hospitality-related platforms if it improved their security. This is up from 71% in 2024.
Average verification time across the iGaming industry decreased from 32 seconds in 2023 to 25 seconds in 2025.
Fraudulent activity in the iGaming industry most frequently occurs between 4-8 a.m..
34.3% of iGaming operators saw a large spike in AI-powered fraud.
Asia experienced a 6.0% decrease in fraud rates in the iGaming industry, from 3.49% in 2024 to 3.28% in 2025.
Middle East and North Africa (MENA) observed a 4.5% increase in fraud rates in the iGaming industry, from 2.01% in 2024 to 2.10% in 2025.
North America had a 5.2% increase in fraud rates in the iGaming industry, from 1.16% in 2024 to 1.22% in 2025.
78% of iGaming operators encountered a growth in AI-generated fake documents in the past year.
43.8% of iGaming operators reported a noticeable increase in AI-powered fraud over the past year.