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Fighting Blind: European Businesses Overconfident in the Battle Against Fraud Despite 59% Surge in Attacks

June 3 2025

Signicat, the European leader in digital identity and fraud prevention solutions, today announces a new report on identity fraud in partnership with cybersecurity training and consultancy firm, Red Goat Cyber Security. The research reveals most European businesses remain confident despite reporting a rise in identity fraud in the last year. Businesses estimate that 19% of all transactions are fraudulent.