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Payments

We've curated 7 cybersecurity statistics about Payments to help you understand how threats like fraud and data breaches are impacting digital transactions and how businesses are adopting new technologies to safeguard financial data in 2025.

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83% of organizations that paid ransoms were hit again by ransomware attacks

93% of victims had data stolen despite paying ransom

83% of victims who paid ransom were attacked again

70% of organizations reported that they paid the ransom in 2023

Unnamed Fortune 50 company reported a ransom payment of $75 million

The finance sector had an average ransom payment of $3.8 million

CDK Global reported a ransom payment of $50 million

Checks continue to be the payment method most often subjected to payments fraud, with 63% of respondents experiencing attempted or actual fraud via checks in 2024.

58% of organisations were able to recoup up to 75% of their funds lost due to payments fraud in 2024, up from 29% in 2023

79% of organisations were victims of attempted or actual payments fraud activity in 2024. This is down very slightly from 2023.

Business email compromise (BEC) remained the No. 1 avenue for attempted and actual payments fraud in 2024, cited by 63% of respondents.

22% of organisations were able to recover 75% or more of the funds lost due to payments fraud in 2024. This is a sharp decrease from 2023 when 41% of organisations recovered the same amount.

Ransom payments declined by 35% in Q1 2025.

Ontinue3/25/2025