Understanding the psychology of fraudsters: opportunity, rationalization and pressure

Remote identity verification has become an essential tool to protect businesses and users from increasingly sophisticated fraud attempts. As a product manager, CTO, or head of legal and compliance, it’s critical to understand the motives and psychology behind fraudsters, so you can implement the best verification solutions and minimize risk.

Opportunity: the main motivation of fraudsters

Opportunity is one of the main drivers that lead a person to commit fraud. Access to advanced technology and the increasing digitization of processes have created an environment that is conducive to fraudsters. The ability to transact remotely and anonymously gives them a unique opportunity to take advantage of unsuspecting companies and users.

It is critical to understand that fraudsters seek to exploit any weaknesses or vulnerabilities in identity verification systems to carry out their illegal activities. For this reason, implementing robust and up-to-date verification solutions becomes essential to combat fraud and protect the company and its customers.

Rationalization: the mental process of justification

Rationalization is another key aspect to understanding the psychology of fraudsters. This stage refers to the mental process that allows them to justify their fraudulent actions. Fraudsters often convince themselves that they are “robbing a wealthy entity” or that those harmed will not suffer significant harm.

Implementing a robust identity verification system can help break the rationalization cycle. By requiring strong and authentic proof of identification, it makes it more difficult for fraudsters to find justifications for their actions. This creates a stronger barrier and deterrent for those who may be considering committing fraud.

Pressure: the main driver for fraudsters

Pressure is another significant element in the psychology of fraudsters. Whether financial, emotional or social, pressure can lead a person to seek illegal and fraudulent alternatives to solve their problems. The need for quick money, financial stress, or the pressure to meet certain expectations can drive someone to commit fraud.

Implementing a rigorous and tamper-proof identity verification system can help reduce perceived pressure. By reducing the opportunities for fraud, the temptation and pressure that leads fraudsters to act is reduced. In addition, having a system that detects and reports suspicious activities provides peace of mind to companies and users, thus avoiding future undue pressure.


Understanding the psychology of fraudsters is critical to being able to implement the best remote identity verification solutions. By understanding the factors that motivate fraudsters, such as opportunity, rationalization, and pressure, we can take more effective action and minimize fraud risks.

Implementing robust, up-to-date identity verification systems capable of resisting fraud attempts is essential to protect companies and users. In addition, by creating strong barriers and deterrents, we can prevent fraudsters from finding justifications for their actions and prevent pressure from pushing them to act fraudulently.

In short, the psychology of fraudsters teaches us that fraud prevention involves not only implementing technology and processes, but also understanding the motives and psychology behind fraudsters, so we can anticipate their actions and protect our interests.

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