Facephi Biometría, SA has released its Fraud Intelligence Report 2025, highlighting the projected cost of cybercrime reaching US$10.5 trillion annually by 2025. Identity theft accounted for 47% of financial fraud in Europe in 2023, with digital fraud becoming industrialized through Fraud as a Service and Crime as a Service. Advanced security solutions like behavioural biometrics and certified liveness detection are crucial in combating evolving threats. The report emphasizes the rise of generative AI, deepfake technologies, and the importance of protecting digital identities in various sectors such as banking, healthcare, and government services.

CEO Javier Mira emphasizes the urgent need for proactive identity protection in the digital age as fraud becomes industrialized and AI threats grow. Facephi specializes in digital identity protection and verification, offering solutions to prevent identity theft and ensure data integrity. With over a decade of experience, Facephi operates in 25+ countries, providing innovative security solutions for clients worldwide.

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