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    Inside the billion-dollar identity fraud ecosystem

    Identity theft has advanced quickly right into a high-stakes battlefield, one the place criminals function like well-funded startups with R&D budgets, strategic playbooks, and complex know-how. What was as soon as dominated by lone hackers has now advanced to a multi-billion-dollar ecosystem that continues to adapt and outsmart even probably the most sturdy safety programs.

    According to latest Federal Trade Commission (FTC) knowledge, American shoppers reported dropping greater than $12.5 billion to fraud in 2024, a sobering 25% improve from the earlier 12 months. As digital transactions and AI-driven know-how turn into extra embedded in our each day lives, extra entry factors are created for malicious hackers.

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