Social engineering fraud is transforming human trust into a powerful tool for financial crime. Scams targeting customers and employees continue to rise across North American financial institutions, underscoring the urgent need for stronger defenses against fraud schemes that exploit people, not just systems. This infographic explores how these attacks work and why financial institutions must strengthen their strategies to stay ahead of this growing threat.
Source:
- BioCatch. (2024, November 13). North America sees social engineering scams multiply by a factor of 10. PR Newswire.
- Belyh, A. (2025, February 10). 51 social engineering statistics for 2025. Keevee.
- Palo Alto Networks Unit 42. (2025, July 30). 2025 Unit 42 global incident response report: Social engineering edition.
- Internet Crime Complaint Center. (2025). 2024 IC3 annual report. Federal Bureau of Investigation.
- Keepnet Labs. (2026, January 16). Top phishing statistics and trends you must know.
- DeepStrike. (2025, October 20). Vishing statistics 2025: AI deepfakes drive $40B in losses.
- WiFi Talents. (2025. June 1). Smishing statistics: Data reports 2026.
- Programs.com. (2025, December 31). Voice phishing stats: Vishing statistics.
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