FTF claims frequency decreased 18% year-over-year in 2025 and severity decreased 14% year-over-year to an average loss of $141,000.

Funds Transfer Fraud was the second-most common cyber event, accounting for 27% of claims.

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.