Digital Fraud Costs Companies 7.7% of Annual Revenue
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Digital fraud is costing companies worldwide an average of 7.7% of their annual revenue, totaling $534 billion in losses over the past year. US companies are particularly affected, with losses averaging 9.8% of revenue, a 46% increase since 2024. The primary types of fraud include scam/authorized fraud, synthetic identity fraud, and account takeover. Account takeover fraud has surged, becoming the most damaging type in the US, accounting for 31% of reported losses. Consumers are also facing expanding digital threats, with 48% targeted by fraud attempts between February and May 2025. Common scams include smishing, phishing, and vishing. India, South Africa, and Guatemala reported the highest percentages of fraud victims in H1 2025.
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08.10.2025 15:00 1 articles · 3h ago
Digital Fraud Costs Companies 7.7% of Annual Revenue
Digital fraud is costing companies worldwide an average of 7.7% of their annual revenue, totaling $534 billion in losses over the past year. US companies are particularly affected, with losses averaging 9.8% of revenue, a 46% increase since 2024. The primary types of fraud include scam/authorized fraud, synthetic identity fraud, and account takeover. Account takeover fraud has surged, becoming the most damaging type in the US, accounting for 31% of reported losses. Consumers are also facing expanding digital threats, with 48% targeted by fraud attempts between February and May 2025. Common scams include smishing, phishing, and vishing. India, South Africa, and Guatemala reported the highest percentages of fraud victims in H1 2025.
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- Digital Fraud Costs Companies Worldwide 7.7% of Annual Revenue — www.infosecurity-magazine.com — 08.10.2025 15:00
Information Snippets
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Digital fraud costs companies worldwide an average of 7.7% of annual revenue, totaling $534 billion in losses over the past year.
First reported: 08.10.2025 15:001 source, 1 articleShow sources
- Digital Fraud Costs Companies Worldwide 7.7% of Annual Revenue — www.infosecurity-magazine.com — 08.10.2025 15:00
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US companies reported losses averaging 9.8% of revenue, a 46% increase since 2024.
First reported: 08.10.2025 15:001 source, 1 articleShow sources
- Digital Fraud Costs Companies Worldwide 7.7% of Annual Revenue — www.infosecurity-magazine.com — 08.10.2025 15:00
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The leading causes of business fraud worldwide are scam/authorized fraud (24%), synthetic identity fraud (20%), and account takeover (20%).
First reported: 08.10.2025 15:001 source, 1 articleShow sources
- Digital Fraud Costs Companies Worldwide 7.7% of Annual Revenue — www.infosecurity-magazine.com — 08.10.2025 15:00
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Account takeover fraud has surged, accounting for 31% of reported losses in the US and a 141% increase since 2021.
First reported: 08.10.2025 15:001 source, 1 articleShow sources
- Digital Fraud Costs Companies Worldwide 7.7% of Annual Revenue — www.infosecurity-magazine.com — 08.10.2025 15:00
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48% of consumers were targeted by fraud attempts between February and May 2025, with common scams including smishing, phishing, and vishing.
First reported: 08.10.2025 15:001 source, 1 articleShow sources
- Digital Fraud Costs Companies Worldwide 7.7% of Annual Revenue — www.infosecurity-magazine.com — 08.10.2025 15:00
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India, South Africa, and Guatemala reported the highest percentages of fraud victims in H1 2025.
First reported: 08.10.2025 15:001 source, 1 articleShow sources
- Digital Fraud Costs Companies Worldwide 7.7% of Annual Revenue — www.infosecurity-magazine.com — 08.10.2025 15:00