Financial Services Business Email Compromise Statistics

35.9% of IT and security professionals report experiencing business email compromise (BEC) resulting in financial or data loss in the past 12 months.

Confirmed business email compromise (BEC) losses range from $140,000 to $1.5 million, compared to an average of roughly $40,000 in early 2025.

Billing account update requests have a 26.5% compromise rate.

Routine invoice inquiries have a compromise rate of less than 1%.

31% of leaders at financial services firms say they are unprepared to recover effectively from a Business Email Compromise.