68.8% of decision-makers at financial institutions rank first-party fraud as their second-greatest challenge.

First-party fraud is now the leading type globally, representing a third (36%) of all reported fraud in 2024. This is a significant increase for first-party fraud, which was up from 15% the year before (in 2023).

The human attack rate saw only a marginal (1%) increase in 2024.

One in nine (11%) password reset attempts in 2024 was a fraud attack. This rate rose to over one in four (27%) reset attempts initiated on a desktop computer.