LexisNexis Risk Solutions warns of a massive 450% rise in agentic traffic and an eight-fold increase in synthetic identity fraud as cyber criminals scale automation to bypass security controls
Agentic bots and synthetic identities fuel surge in fraud
LexisNexis Risk Solutions reported a 450% surge in agentic bot traffic and an eight-fold increase in synthetic identity fraud, as cybercriminals leverage automation to bypass security controls. Financial institutions and identity verification systems are the primary targets, enabling large-scale fraud with minimal human intervention.