Deepfake fraud explodes 1,500% in 2025 amidst AI-led attack to ID systems
Sumsub warns deepfakes bypass Singapore identity checks.
New data from Sumsub’s Identity Fraud Report 2025–2026 shows a sharp rise in advanced identity fraud in Singapore.
In the Global Fraud Index 2025, the country ranked 10th globally, down from first place in 2024, reflecting increased exposure to complex, technology-driven attacks rather than weaker controls.
The most significant change was in deepfake fraud where cases rose by about 1,500% year on year in 2025, as criminals increasingly used AI-generated video and facial manipulation to bypass identity verification systems and access financial services.
Synthetic identity fraud also expanded rapidly. This method, which combines real and fabricated personal data to create false identities, grew by approximately 184% over the same period.
Despite these increases, overall identity fraud volume in Singapore declined by around 12%, indicating that simpler scams are becoming easier to block whilst more sophisticated attacks are becoming more common.
The report notes that fraud is shifting toward coordinated, multi-step operations designed to evade traditional onboarding and KYC checks. Sectors most exposed include fintech, banking, healthtech and e-commerce.
The findings from the report suggest that fraud prevention in Singapore is increasingly dependent on continuous monitoring and behavioural analysis rather than one-time identity checks, as AI tools become more widely used by both businesses and criminals.