Cyber fraud has skyrocketed from a growing concern to the leading driver of payment fraud in the UK, infiltrating most businesses in the country and exposing them to previously unimagined financial and operational risks. This was one of the findings of Trustpair’s 2025 Fraud Report, Fraud in the Cyber Era: 2025 UK Fraud Trends & Insights, which revealed that an eye-watering more than nine out of ten businesses suffered attempted fraud in the past year, and 42% fell victim to at least two successful attacks. Counterintuitively, many executives are overly confident in their ability to detect and…
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