2019 Fraud Statistics

Most Popular Topics

Banking Industry

  • Financial institutions lost over $2.2 billion to fraud.
  • One dollar of fraud costs Financial institutions approx $2.92.
  • 200% increase in fraudsters shifting money from consumers' existing financial accounts into new accounts.
  • Account takeover tripled with 1 in 8 new account being fraudulent.
  • New account fraud increased by 70%.

Consumers

  • 38% incease in fraud with 2.5 million victims losing nearly $1.5 billion.
  • Consumers lost $488 million to imposter scams.
  • 6.5 billion consumer fraud attacks.
  • 69% of consumers are concerned about fraud, a 18% increase from the previous year.
  • Consumers said they lost nearly $1.48 billion in fraud.
  • 33,000 Americans had unresolved identity theft issues.
  • 96,000 ID victims borrowed money from family and friends to pay bills.
  • 16 hours on average to fix a fraud / ID theft incident.
  • Average cost of an attack for a company with 10 - to 24 employees was $38,437.

Most viewed fraud awareness topics:

1. Craigslist and online classifieds scams
2. How to avoid fake news & hoaxes
3. 10 Steps to a More Secure Network
4. Avoid being a wire fraud victim
5. Text Phishing "SMiShing"
6. How to avoid phishing emails
7. Victim Assistance
8. Non-payment / non-delivery fraud
9. Identity Theft Letter to a Credit Bureau
10. Free Security Check Ups
11. I.D. Theft Help
12. Grandparent Scam
13. Investment Fraud
14. News & Alerts
15. Scams to avoid
16. Business ACH & Wire Fraud
17. Data Breach Advice for Consumers
18. Warning signs of identity theft
19. Developing a Business Continuity Plan
20. 419 - Nigerian (Advance Fee Scams)
21. Risk Meters (Online Quizzes)
22. Online Videos
23. How to Report Fraud
24. How to keep your identity private
25. Check fraud
26. Debit card safety
27. Account takeover fraud
28. Safe online shopping
29. Email safety
30. Common phone & promotional scams
31. ATM & Point of Sale Safety
32. Mobile banking precautions
33. Fraud alerts and how they work

34. Password advice
35. Add extra security with 2FA
36. Car security measures
37. Online dating safety tips
38. 10 Security tips for Windows phones
39. Social media safety
40. Monitor accounts online
41. Credit card safety
42. Vendor Fraud
43. IRS - Tax scams
44. IoT - Internet of Things
45. Direct Deposit Phishing
46. Charitable Giving
47. P2P Payments
48. Prevent Elder Financial Abuse
49. Data Breaches
50. Social Media "Angler Phishing"
51. Using credit & ATM cards when traveling
52. Computer safety
53. Social media investing fraud
54. How to protect your identity
55. Medical I.D. Theft
56. Email compromise fraud schemes
57. Scams targeting military & veterans
58. Secure your web browser
59. Stay safe when traveling
60. Mobile phone security
61. Laptop & tablet security tips
62. Safeguard mobile wallet
63. Cryptocurrency safety
64. WIFI networks
65. College student safety

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