Nearly 60% of organizations report fraudsters using compromised Personally Identifiable Information (PII) to bypass knowledge-based authentication (KBA).

Live retail fraud dropped by 69% month-over-month in November 2025 while non-live fraud rises.

Diversion tactics (fraudulent invoices, fake payroll requests) accounted for 18% of BEC incidents in Q4 2025.

In Q3 2025, fake account creation accounted for 46% of all fraudulent activity.

In Q3 2025, SMS toll fraud attacks targeting the gaming sector increased by 125%.

In Q3 2025, the gig economy experienced 51% fewer attacks but 49% more malicious traffic, resulting in a 300% increase in average attack size.

In Q3 2025, SMS toll fraud targeting the fintech sector grew by 97%, alongside a major spike in human fraud farm activity.

In Q3 2025, SMS toll fraud malicious traffic surged by 67% over Q2 2025, making it the fastest-growing attack type of the quarter.

SMS toll fraud now comprises 78% of all attacks on the gig economy, up from 48% a year prior.

48% of UK consumers express concern about the risk of fraud or identity theft related to AI in banking.

Fraud in mobile banking rose by 7% year over year, while fraud in online banking dropped by 16%.

22% of financial services industry organizations reported losing over $5 million in direct fraud losses in the past year.

44% of organizations in the financial services industry ranked synthetic identity fraud as the top fraud type tracked.

63% of senior-level fraud decision-makers in the financial services industry indicated that fraud losses are underreported.

67% of senior-level fraud decision-makers in the financial services industry in the U.S. reported that fraud events continue to rise.

36% of fraud events in the financial services industry were attributed to organized fraud rings, while 29% were attributed to customers intentionally stealing money.

91% of decision-makers in the financial services industry reported that more financial crimes are being committed with AI technology.

77% of payments leaders identify fraud and cybersecurity risks as the primary barriers preventing innovation within their organisations.

46% of respondents reported that up to 75% of banking identity verification processes are currently automated.

40% of fintech companies reported that onboarding is the core fraud battleground, highlighting the importance of this stage in fraud prevention.