Digital Fraud Costs Companies Worldwide 7.7% of Annual Revenue

TransUnion’s H2 2025 Update: Top Fraud Trends reports a sharp rise in digital fraud, estimating $534bn in global business losses (7.7% of revenue) over the past year, with U.S. firms losing an average of 9.8% (about $114bn). Account takeover is the most damaging type (31% of U.S. losses), followed by synthetic identity fraud and scams, while consumers worldwide report extensive targeting via smishing, phishing, and vishing—highlighting the need for stronger identity verification, account protection, and consumer credit monitoring.