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07/13/2025

6 Fraud Trends Reshaping Risk in 202

Visual Capitalist

6 Fraud Trends Reshaping Risk in 2025

As technology—especially AI—becomes more widespread, fraud and financial crime are evolving just as rapidly. So, what are the key threats shaping the risk landscape in 2025?

This graphic, created in partnership with Inigo Insurance, highlights six major fraud trends to watch in the year ahead.

1. The Social Engineering Threat

Criminals are bypassing technical barriers by targeting people directly. Social engineering, which is a form of manipulation where fraudsters trick people into giving up confidential information, now accounts for 23% of banking fraud. This highlights the need for better awareness and training.

2. Misuse of Artificial Intelligence

AI is fueling a new wave of fraud as it enables perpetrators to orchestrate more sophisticated scams. Over 40% of attempts now use tools like deepfakes, phishing, and forged documents to deceive victims and systems alike.

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