Where does your business sit on the SA Identity Index? 

iiDENTIFii is proud to launch the Identity Index - South Africa edition, in partnership with World Wide Worx. This first-of-its-kind study provides an in-depth analysis of the current landscape of identity fraud concerns, practices, and preparedness among businesses.

You will find actionable insights on significant identity trends, investment priorities, and the effectiveness of various IDV solutions as businesses of all sizes navigate the evolving threat of identity fraud.

KEY INSIGHTS

 Rising identity fraud concerns in South Africa, with AI fraud identified as a key threat.

 Companies are adopting advanced identity verification (IDV) technologies, varying by company size and number of individuals authenticated.

 Only 24% of companies considered their identity management ‘very effective.’

 Key drivers for implementing IDV solutions include enhanced security and fraud reduction.

 Challenges include integration complexities, user acceptance, and legal compliance.

 Larger companies (authenticating 10,000+ individuals) allocate over 20% of their budgets to fraud prevention technologies.

 Companies advocate for stricter regulations, consumer education, and industry collaboration to address identity fraud.