Reference data

What business payment fraud actually costs, by year

Reported losses from business email compromise and wire fraud, transcribed from the FBI Internet Crime Complaint Center annual reports. Every figure links to the page it came from. Cite it, quote it, embed it. Attribution is the only condition.

Updated August 22, 2026 · Latest full year 2025

Reported BEC losses, 2025

$3.05 billion

$3,046,598,558 across 24,768 complaints, an average of $123,006 per complaint.

FBI IC3 Annual Report 2025
Where BEC ranks

Second by losses

Only investment fraud, at $8.65 billion, cost more in 2025.

FBI IC3 Annual Report 2025
All reported cybercrime losses, 2025

$20.88 billion

1,008,597 complaints, the first year past one million, with an average loss of $20,699.

FBI IC3 Annual Report 2025
Money actually frozen

$679 million

The IC3 Recovery Asset Team ran the Financial Fraud Kill Chain on 3,900 incidents worth $1.16 billion in attempted theft and froze funds in 58 percent of them.

FBI IC3 Annual Report 2025
Change in BEC losses, 2024 to 2025

Up 10 percent

From $2,770,151,146 to $3,046,598,558, with 3,326 more complaints filed.

FBI IC3 Annual Reports 2024 and 2025

Reported BEC losses by year

These are reported losses. The FBI counts only what victims file, so read each number as a floor rather than a total. Complaint counts rose faster than losses in 2025, which usually means more small businesses filing rather than fewer large frauds.

2023$2,946,830,270

21,489 complaints filed, an average of $137,132 each

2024$2,770,151,146

21,442 complaints filed, an average of $129,193 each

2025$3,046,598,558

24,768 complaints filed, an average of $123,005 each

Full table

Reported business email compromise losses and all reported cybercrime losses by year, from FBI IC3 annual reports.
YearBEC lossesBEC complaintsAll cybercrime lossesSource
2023$2,946,830,27021,489$12.50BIC3 2023
2024$2,770,151,14621,442$16.60BIC3 2024
2025$3,046,598,55824,768$20.88BIC3 2025

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Coffr, "The BEC and Wire Fraud Loss Index," compiled from FBI IC3 annual reports. https://getcoffr.com/fraud-loss-index

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