A recent survey from TransUnion has revealed that businesses are losing a significant portion of their revenue to fraud, with some reporting losses as high as 10%. The findings highlight the
growing threat of fraudulent activity in the corporate world, affecting companies of all sizes and industries. As digital transactions and online business operations expand, organizations are facing increasingly sophisticated schemes that target their financial assets.
The survey, conducted among a diverse group of businesses, found that fraud is not only widespread but also costly. Many respondents indicated that they have experienced multiple types of fraud, including payment fraud, cyberattacks, and internal theft. These incidents have forced companies to invest more in security measures and fraud prevention strategies, yet losses continue to mount, underscoring the persistent challenge of staying ahead of criminals.
Industry experts warn that the financial impact of fraud extends beyond immediate monetary losses. Reputational damage, loss of customer trust, and increased regulatory scrutiny are additional consequences that can have long-term effects on a business’s success. The survey’s results serve as a call to action for companies to strengthen their defenses, educate employees, and adopt advanced technologies to detect and prevent fraudulent activities. Read more at: https://www.forbes.com/sites/cfo/2025/10/14/why-97-of-companies-arent-ready-for-ma/
MVSB offers a range of fraud prevention tools and expert guidance to help businesses protect their assets and operate securely. Contact us today 603.279.7986 to learn how your business can stay protected and thrive in a challenging environment.
