Identity fraud put nearly R$2 billion at risk in Brazil

General News

Summary

Serasa Experian’s fraud map shows that identity fraud in Brazil could have caused nearly R$1.98 billion in losses in the first quarter if blocked attempts had gone through. The report highlights almost 1.5 million identity verification and registration fraud attempts across the first three months of 2026, with strong growth versus the prior year. It also shows that attackers are using AI, deepfakes, and organized distribution networks to make scams more convincing and harder to detect. E-commerce and payment businesses face the biggest exposure, with large volumes of blocked attempts and significant preserved value from antifraud tools.

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industries
Fintech & Banking
applications
Data Management

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SaaS Risk Management Software FinTech Software

Linked Companies

Serasa Experian
$100M to $250M