Country Insights on Identity Fraud: Finland's Battle in the Dark
In Finland, digital maturity is high, but it is one of the countries where fraud is rising the fastest.
This report is one of nine country deep-dives from The Battle in the Dark, Signicat’s study based on insights from 900 fraud and risk experts across Europe. It reveals how fraud is accelerating within trusted eID systems, exposing new pressure points beneath a confident surface.
Download the Finland report to see how rapid fraud growth is testing digital trust.
Download Insights on Identity Fraud in Finland
This report is for you if you...
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Design or manage onboarding, KYC, risk, or fraud controls
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Operate or want to operate in Finland, and need local fraud intelligence
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Need regional data to justify investment in fraud prevention
What's inside Finland's report
✔ Finland's fraud trends: The fastest rise in both attempts and success.
✔ Key tactics: Account takeover and social engineering in digital channels.
✔ Business impact: Operational strain and partner risk in high-trust ecosystems.
✔ Preparedness: Strong confidence, limited measurement of true impact.
✔ Strategic recommendations tailored to Finnish and Nordic infrastructure.
A Glimpse at Finland's Numbers
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Finnish firms report rising fraud attempts, the highest in Europe
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Estimated annual revenue loss due to identity fraud for Finnish organisations
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Finnish firms cite account takeover as the most common eID fraud tactic
Explore Other Markets
Choose the markets most relevant to your business and access focused insights
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MitID offers solid protection, yet document forgery at onboarding remains a key gap. Confidence is high, but financial impact is higher.
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France combines strong onboarding with rising identity fraud shifting to login and transactions, while reporting the lowest revenue impact at 14%.
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Even with strict compliance, fraud grows as social engineering and account takeover exploit human and process gaps.
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Fraud attempts are rising in line with Europe, but many organisations are flying blind. With only 35% measuring fraud impact, success rates are climbing under the radar.
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Strong digital identity (BankID) keeps attempts low, but targeted attacks are increasingly successful, especially at the transaction stage.
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Diverse identity systems create gaps. Social engineering and account takeover dominate, particularly at login and payment points.
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BankID secures onboarding, but fraud is shifting to document forgery, login and transaction stages, where overconfidence may hide new risks.
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Technology is the UK’s main fraud target, with identity attacks hitting around 22% of revenue as fraudsters exploit onboarding and tech gaps.