Payment redirection fraud can result in significant financial losses. Here's what the data shows about typical and average losses.
SourceAverage Loss | |
FBI IC3 (BEC) | $125,000+ per attack |
Australia ReportCyber (BEC) | $55,000+ per confirmed incident |
UK SMBs (all fraud) | £3,808 average per business |
BEC as data breach | $4.89 million average breach cost |
Payment fraud losses range from thousands to millions depending on:
Invoice size - Fraudsters often target large payments (construction progress payments, property settlements)
Detection speed - Money recovered drops dramatically after 24-48 hours
Business size - Larger payment volumes mean larger potential losses
Fraudsters particularly target:
Property settlements - House deposits can exceed $100,000
Construction payments - Progress payments often $50,000+
Large supplier invoices - Regular high-value B2B payments
Small businesses lose an average of 5% of annual revenue to fraud (ACFE)
25% of SMBs have already paid the price for fraud
Nearly half of fraud-affected small businesses don't recover fully
Only 22% of businesses recovered 75%+ of stolen funds (2024)
30% couldn't reclaim any money at all
FBI's recovery team has 66% success rate in freezing transfers—but only if reported immediately
At $69/month (Business tier), OutflowGuard costs $828/year. One prevented $55,000 fraud attempt pays for 66 years of subscription.
Data from FBI IC3, ACCC Scamwatch, ACFE, UK Finance, and Visa.
