New account fraud is rising and within that, Identity Fraud is clearly the winner. The vast majority of such cases involved the abuse of an innocent victim’s identity, rather than a fictitious identity. The availability of large amounts of personal information obtained from hacking, phishing or data breaches continues to fuel this type of fraud. For fraud strategists and those responsible for financial crime prevention in their organizations, knowing who is perpetrating the fraud is an important factor in determining what prevention strategies should be deployed.”]