CyberHappenings logo

Track cybersecurity events as they unfold. Sourced timelines. Filter, sort, and browse. Fast, privacy‑respecting. No invasive ads, no tracking.

Digital Fraud Costs Companies 7.7% of Annual Revenue

First reported
Last updated
1 unique sources, 1 articles

Summary

Hide ▲

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.

Timeline

  1. 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.

    Show sources

Information Snippets