the Fraudian Slip Podcast: AuthenticID – ITRC Predictions for 2025

AuthenticID talks with the Identity Theft Resource Center in the newest Fraudian Slip podcast about what happened in 2024 and what is in store for 2025 

• In 2024, the Identity Theft Resource Center (ITRC) predicted that the risk of AI-driven identity scams that impact large numbers of people would be over-stated while the potential for targeted attacks on single or small groups of individuals would be underestimated. 
• The ITRC’s also predicted new levels of identity crime in 2024 with an unprecedented number of data breaches in 2023 and that more states would adopt comprehensive privacy laws while Congress would not. 
• The Center thought privacy concerns over the use of biometrics would overshadow legitimate use cases and that the emotional toll of identity crimes would continue to increase. At the same time, assistance providers would struggle to meet the needs of victims.  
• The ITRC’s predictions for 2025 include a boom in the cybercrime job market and the number of identity crimes, a reduction in support for victims and law enforcement, as well as a drop in criminal fines and forfeitures earmarked to help victims. 
• The ITRC sat down with Blair Cohen of AuthenticID and the ITRC’s Board of Directors to recap the ITRC’s 2024 predictions, whether they came true and to look ahead to what we expect in 2025. 
• You can learn more about the ITRC’s predictions for 2025 and other topics discussed in this podcast and download the full analysis by visiting www.idtheftcenter.org/identity-theft-resource-center-2025-predictions/.  

Below is a transcript of our podcast with special guest Blair Cohen of AuthenticID and ITRC Board of Directors Member 

Welcome to the Fraudian Slip, the Identity Theft Resource Center’s (ITRC) podcast, where we talk about all things identity compromise, crime and fraud that impact people and businesses. Listen, like and subscribe on Apple, Google, Spotify, SoundCloud, Audible and Amazon now. We’ve once again come to the time of the year when otherwise normal businesspeople turn into fortune tellers who try to prognosticate what will happen next year. It is time for the ITRC’s predictions for 2025. 

We will put new copper tops in our crystal ball, stare at tea leaves, toss around some rune stones, shake our Magic 8 Ball and predict what will happen next year. Joining us in predicting the future is Blair Cohen, Founder & Chief Evangelist at identity verification company AuthenticID, and a member of the ITRC Board of Directors, along with the ITRC’s own CEO, Eva Velasquez. 

We Discussed the Following: 

• What happened in 2024 and whether or not the ITRC’s predictions came true. 
• Some of the top ITRC predictions for 2025. 

ITRC Predictions for 2025 

1. Reduced victim support and less law enforcement focus will translate into increased identity crimes. 
2. Criminal fines and asset forfeitures earmarked to help identity crime victims will drop, too. 
3. The cybercrime job market will boom. 
4. It’s back to the future for federal regulations, and the future is now for state regulators. 
5. Self-regulation will make a comeback. 

Download the ITRC’s Predictions for 2025 

Read a full recap of our 2024 predictions and how we fared, along with an in-depth look ahead to 2025 at www.idtheftcenter.org/identity-theft-resource-center-2025-predictions/. We will regroup this time next year to see how accurate we were in predicting the future. 

Contact the ITRC 

You can learn more about the ITRC’s predictions for 2025, scams that impact your identity, privacy, and security, or get help if you have been the victim of an identity crime by visiting the ITRC’s website, www.idtheftcenter.org.  

This is the final podcast episode for 2024. However, we will return in January with Season 6 of the Fraudian Slip and our sister podcast, the Weekly Breach Breakdown. Thanks to each of you who listen to our podcast and come to the ITRC for support and information. Be sure to like this episode and subscribe wherever you listen to your podcasts. 

From all of us at the ITRC, we wish you the happiest of holiday seasons with your friends and loved ones and a safe, prosperous and secure 2025.