2025 Publications

Our latest Fraud report, in partnership with BioCatch, continues to show some progress as well as challenges in the fight again fraud, but the net effect was over £1.1 billion of losses in 2024.

Our latest figures show that Authorised Push Payment (APP) fraud, where victims are manipulated by criminals into sending them money, has fallen, both the total amount lost and the overall number of cases.

However, the data also shows that other types of fraud, notably remote purchase fraud, have increased. This demonstrates that criminals change tactics and, closing one vulnerability in isolation only leads them adapting and exploiting others.

Our report provides a full breakdown of cases and losses across all unauthorised and authorised fraud categories

OPEN REPORT