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04/12/2026
Synthetic identity fraud soared 8X in 2025: LexisNexis
Biometric Update
Theft using synthetic identities now accounts for 11 percent of all reported fraud, making it the fastest-growing fraud type worldwide, a new analysis from LexisNexis Risk Solutions reveals.
The frequency of synthetic identity fraud increased eight-fold in 2025, showing a shift in fraudsters’ tactics, according to the data analytics company’s latest Cybercrime Report. This points to a change in tactics among fraudsters, who are investing time in learning technologies such as generative AI to create sophisticated synthetic identities.
Once considered mainly a U.S. problem, the trend of using generative AI has now spread worldwide, with Latin America recording a strong rise in synthetic identity theft in 2025, accounting for nearly half of all theft. This rise is linked to the growth of regulated gaming and gambling in the region, according to the report.
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