Fraudulent transfer
Cybersecurity statistics about fraudulent transfer
Top Vendors
Showing 1-4 of 4 results
The average fraudulent wire transfer was over $1 million in 2024. Specifically, it surged from $430,445 in 2023 to $1,256,797 in 2024.
Baker Hostetler•4/15/2025•
Wire transfer
The median time from initial account access to discovery of the fraudulent fund transfer was 18 days, compared with three days for all incidents generally.
Baker Hostetler•4/15/2025
Just over 50% of the wire fraud matters affected the business and professional services and finance and insurance industries
Baker Hostetler•4/15/2025•
Write fraud
The total amount of fraudulent transfers grew by over 300%, from $35 million in 2023 to $109 million in 2024.
Baker Hostetler•4/15/2025