2025 AFP Payments Fraud and Control Survey Report Highlights

This report presents key highlights from the 2025 AFP Payments Fraud and Control Survey, which investigates the prevalence and nature of payments fraud affecting organizations. The survey indicates that 79% of organizations experienced actual or attempted fraud in 2024, a slight decrease from 80% in 2023. Business email compromise (BEC) remains a significant threat, with 63% of respondents reporting incidents, while check fraud continues to be a major concern, affecting 63% of organizations. The report outlines the evolving tactics of fraudsters, including the rise of sophisticated BEC scams and the persistent vulnerability of checks as a payment method. Additionally, it discusses the challenges organizations face in recovering lost funds, noting that only 22% of organizations managed to recover 75% or more of their losses in 2024. The findings emphasize the ongoing need for robust fraud prevention measures and the importance of awareness and training among employees to combat these threats effectively.