Online Dating: Identity Verification Puts An End To Catfishing

The expansion of the internet and mobile devices has led to the rapid adoption of online dating. According to a survey, at least 15 percent of American adults have used online dating sites or mobile dating applications. When it comes to digital frauds, consumers mostly think of identity theft, credit card fraud, account takeover, and other fraudulent bank transactions. But not anymore. Like technology, cybercrime is continuously evolving now targeting online dating sites and applications. A study in Psychology Today reported that at least half of the dating site users have lied about themselves in their profiles. The romance scams are emerging as a new type of fraud to exploit the people and there are multiple core drivers. The recent incidents of data breaches have given fraudsters additional access to personally identifiable information PII to use in online dating scams.

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