Global Businesses Lose Over $530 Billion to Rising Digital Fraud in 2025

TransUnion's H2 2025 Update on global fraud trends reveals a significant rise in digital fraud losses, with businesses worldwide losing an estimated $534 billion, or 7.7% of annual revenue, to fraud. U.S. companies are disproportionately affected, reporting losses averaging 9.8% of revenue—a 46% increase since 2024—equating to roughly $114 billion among surveyed leaders. Account takeover fraud has become the most damaging type in the U.S., accounting for 31% of losses, while synthetic identity fraud, which involves fabricated identities using real and fake data, is a rapidly growing and costly threat globally, especially in Canada where it accounts for 26% of fraud losses. Canadian businesses lost approximately CA$111 billion to fraud in 2025, with scams and social engineering remaining leading causes; however, improvements in fraud detection technology have helped reduce the rate of suspected digital fraud in consumer transactions. Fraudsters continue to exploit digital touchpoints such as account creation, login, and transactions, prompting experts to emphasize the need for adaptive, proactive fraud prevention strategies and advanced identity verification methods to mitigate these escalating threats.