Fraud
We've curated 570 cybersecurity statistics about Fraud to help you understand how tactics like phishing, identity theft, and payment fraud are evolving in 2025, impacting businesses and consumers alike in our increasingly digital world.
Showing 541-560 of 570 results
Wire transfers were the payment method most frequently targeted by BEC scammers in 2024, reported by 63% of respondents, up from 39% in the previous survey.
ACH credits saw more BEC scam activity in 2024 than in the prior year, rising to 50% from 47% of respondents reporting incidents.
Checks continue to be the payment method most often subjected to payments fraud, with 63% of respondents experiencing attempted or actual fraud via checks in 2024.
"Classic" BEC scams, saw a significant decline, with 49% of respondents reporting incidents in 2024 compared to 57% in 2023.
47% of financial technology decision-makers surveyed said their company does not regularly train employees on fraud and cyberawareness, leaving these firms more vulnerable .
Synthetic fraud saw a decline, dropping from 1% to 0.75% during 2H 2024.
There was a nearly fourfold increase in fraud targeting deposit accounts—from 2% to almost 8% in the second half of 2024.
Identity fraud costs organisations an average of $7 million annually.
51% of respondents said fraud is more common when using username and password alone.
Organisations with over 5,000 employees have an annual direct identity fraud cost of $13 million on average.
Organisations that invested in IDV solutions reported savings averaging $8 million.
There was an almost 500% increase in student loan scams over the past year.
Compared to those investing at an average level, high investors into IDV solutions are 2.2x more likely to see savings compared to companies investing the same or less.
74% of organizations plan on increasing their investments in IDV solutions in the future.
Among organisations with over 10,000 employees, 20% have an annual direct and indirect identity fraud cost of over $50 million.
There was a 1,033% surge in utility account fraud over the past year.
21% of organisations reported fraud attempts against facial biometric liveness detection.
58% of respondents said that they are concerned that stricter fraud controls will frustrate consumers.
Compared to those investing at an average level, high investors into IDV solutions are 2.7x more likely to believe they have a competitive advantage.
Compared to those investing at an average level, high investors into IDV solutions are 1.7x more likely to have significantly reduced identity fraud.