37% of respondents said they had heard about retaile fraud from friends.

Total number of software vulnerabilities grew by 61% year-over-year (YoY) in 2024.

Fraudsters were about four times more likely to use stolen identities instead of synthetic identities.

Linux vulnerabilities soared by 967% in 2024.

macOS vulnerabilities increased by 95% in 2024.

Critical vulnerabilities rose by 37.1% in 2024.

There was a 505% increase in critical flaws in database software.

64% of respondents stated that a lack of in-house expertise is a barrier to AI adoption.

At least 1 in 4 fraud attempts targeted more than one government agency at once.

International bad actors were responsible for up to 12% of all incoming applications for government services and/or loans in the study.

There was a 213% YoY overall vulnerability growth in database software.

Exploits spiked 657% in browsers.

The number of known exploited vulnerabilities rose by 96% in 2024.

Exploits spiked 433% in Microsoft Office applications. Web browsers and Office applications have emerged as prime targets. Chrome specifically led all products in known attacks.

73% of respondents cited high implementation and maintenance costs as the top concern, presenting a barrier to AI adoption.

56% of global businesses are scaling or fully implementing AI.

78% of global business and technology leaders reported that their use of artificial intelligence (AI) has helped improve fraud detection and risk management.

58% of respondents reported difficulty integrating the technology with existing systems as a barrier to AI adoption.

45% of businesses plan to increase investment in AI over the next two years.

Fraud costs the federal government upwards of $500 billion annually.