BEC claims frequency rose 15% year-over-year in 2025 while severity decreased 28% year-over-year to an average loss of $27,000.

Business Email Compromise and Funds Transfer Fraud accounted for 58% of cyber incidents.

Among 2025 funds transfer fraud claims, 52% originated from business email compromise.

28% of organizations experience business email compromise.

Diversion tactics (fraudulent invoices, fake payroll requests) accounted for 18% of BEC incidents in Q4 2025.

In Q4 2025, Business Email Compromise accounted for 51% of all email fraud cases.

In Q4 2025, CEOs and senior executives accounted for 50% of impersonation-based BEC emails and 41% of total BEC incidents.

Impersonation made up 82% of all BEC incidents in Q4 2025.