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.
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. — This cybersecurity statistic was published by Baker Hostetler in April 2025. It covers topics including Fraudulent transfer, Wire transfer. The original data appears in Data Security Incident Response Report. For the full methodology and detailed findings, refer to the original report.
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Frequently Asked Questions
What does this statistic say?
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. This data was published by Baker Hostetler and covers Fraudulent transfer, Wire transfer.
Where does this data come from?
This statistic comes from Data Security Incident Response Report, published by Baker Hostetler on April 15, 2025. You can view the original report at https://www.bakerlaw.com/ready-and-resilient-in-the-data-driven-age/.
What cybersecurity topics does this cover?
This statistic relates to Fraudulent transfer, Wire transfer. Browse more statistics on Fraudulent transfer or from Baker Hostetler.