Education Fraud Statistics

50% of higher education institutions are monitoring transactions in real-time to combat fraud.

35% of campus leaders say fraudulent enrollments are rising.

37% of campus leaders say fraudulent enrollments are declining.

3% of consumers stay informed about trending scams and online threats through 'Other' sources.

1% of consumers stay informed about trending scams and online threats through radio.

12% of consumers admit they don’t get scam information from any source at all.

15% of consumers turn to their bank or insurer to learn about scam trends.

15% of consumers learn about scam trends from a security service provider.

12% of consumers speak to friends or family to learn about scam trends.

12% of consumers rely on social media to learn about scam trends.

Only one in four educators feels truly confident in their ability to spot an AI scam.

8% of consumers stay informed about trending scams and online threats through an Internet service provider.

9% of consumers stay informed about trending scams and online threats through online news.

4% of consumers stay informed about trending scams and online threats through TV.

2% of consumers stay informed about trending scams and online threats through newspapers.

7% of consumers stay informed about trending scams and online threats through the government.

More than half of bank CEOs, senior executives and directors focus on staff education and training to combat fraud.