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Socure Report: AI is Creating New Fraudsters, Not Just Better Ones
The Fintech Times
Factual evidence
What the source reports
Socure's Fraud Insights report finds AI-enabled fraudsters commit six times the fraud volume of traditional offenders.
Inspect the evidence
- Inclusion basis
- Enterprise AI
- Publisher and source type
- The Fintech Times · INDUSTRY NEWS
- Published by source
- 31 October 2026
- Collected by OneBench
- 31 Oct 2026, 19:01 UK
- Original headline
- Socure Report: AI is Creating New Fraudsters, Not Just Better Ones ↗
Stored source excerpt
Socure's inaugural Fraud Insights report finds AI-enabled fraudsters commit six times the total fraud volume of traditional offenders, driven by curiosity over hardship. The post…
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OneBench interpretation
Institutional assessment
So what
AI tooling is scaling individual fraud capacity by 6x, altering fraud volume and risk profiles across digital onboarding channels.
Do what
Review synthetic identity and automated fraud detection controls with the team responsible for fraud operations.