The Battle in the Dark 2025

Businesses express strong confidence—but the reality tells a harsher story. Get the report, created with cybersecurity expert Lisa Forte, to learn about the gaps in identity fraud defenses.

Get access to The Battle in the Dark 2025 report.

Fraud insights from 900 decision-makers across Europe

Covering key industries across Europe: banking, fintech, insurance, gaming, and automotive
Featuring experts from Denmark, Finland, France, Germany, the Netherlands, Norway, Spain, Sweden, and the UK

“Digital identity fraud, account takeover and synthetic ID fraud aren’t abstract threats. They’re happening now, and they’re targeting businesses that believed they had strong controls in place.”

- Lisa Forte, Partner @ Red Goat Cyber Security

Key findings at a glance:

19 % (1 in 5) of transactions and customer onboardings are fraudulent.

22% of annual revenue is impacted by identity fraud and the costs of trying to prevent it.
59% of businesses have seen a rise in identity fraud attempts in the past year.
74% of businesses believe they’re winning the fight against fraud—despite the numbers.
Only 45% are measuring the impact of identity fraud.
Many businesses are unsure about who’s responsible when fraud succeeds.