Digital fraud is a problem businesses have been facing since the advent of e-commerce in the 1990s, and its threat only increases with each passing year. In fact, Experian found that losses from fraudulent identities increased from 51% in 2017 to 57% in 2019. And according to PwC, these crimes cost companies $42 billion in the last 24 months. But what is causing digital fraud to rise year over year? From current trends and consumer attitudes to technological enhancements and more sophisticated tactics, let’s take a look at the top nine reasons digital fraud is rapidly increasing: