2025 Fraud Intelligence Report

Posted on May 12, 2025 • 3 min read • 529 words
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Outsmarting Fraud: Executive Priorities for Small and Mid-Sized Businesses

2025 Fraud Intelligence Report  

Outsmarting Fraud: Executive Priorities for Small and Mid-Sized Businesses

Published May 2025 | 24 Pages | Free Download


Executive Summary  

2025 marks an inflection point in cyber and fraud risk. Small and mid-sized businesses face unprecedented threats, with attackers shifting tactics to identity fraud, payment fraud, supply chain exploitation, and operational disruption via ransomware and deepfake-enabled social engineering.

This report synthesizes intelligence from the industry’s most respected sources—Mandiant M-Trends 2025, Verizon DBIR 2025, CrowdStrike Global Threat Report, Unit42 Incident Response Report, and IBM X-Force Threat Intelligence Index—into actionable guidance for business leaders.


Key Statistics  

MetricFindingSource
79%of attacks are malware-freeCrowdStrike 2025
86%of incidents involve operational disruptionUnit42 2025
30%of intrusions involve identity-based attacksIBM X-Force 2025
29%surge in cloud and SaaS compromisesUnit42 2025
2xthird-party breaches doubled year-over-yearVerizon DBIR 2025

What’s Inside  

Big Picture  

The 2025 cybercrime landscape—info-stealer malware surge, unsecured data repositories, cloud migration risks, AI-assisted attacks, and the rise of insider threats including North Korean IT worker infiltration.

Top 5 Fraud Threats  

  1. Ransomware and Extortion — 37% increase in ransomware breaches, 80% rise in extortion demands
  2. Info-stealer Malware — 84% rise in info-stealers via phishing, fueling follow-on attacks
  3. Cloud Compromises — IAM issues in 41% of incidents, misconfigurations exploited at scale
  4. AI-Powered Attacks — Synthetic text in emails doubled, exfiltration time reduced from 2 days to 25 minutes
  5. Insider Threats — Cases tied to North Korea tripled in 2024

Attacks Making News  

  • Volt Typhoon (UNC5135) — Chinese espionage in U.S. critical infrastructure
  • MOVEit Exploitation — Widespread third-party data theft
  • Snowflake Compromise — Cloud misconfigurations enabling data exfiltration
  • BlackCat (ALPHV) — Stolen credentials for encryption and extortion
  • CURLY SPIDER — Full attack chain in under 4 minutes

How to Protect Your Business  

Actionable defense strategies for SMBs, including 5 “Do Now” quick wins and 5 strategic trends to watch.

AI Section: A First  

We asked three leading AI models the same question: “I’m a small e-commerce business owner without budget for cybersecurity—what should I do?”

Compare recommendations from Grok-3, ChatGPT o3-mini, and Claude 3.7 Sonnet. All delivered solid, low-cost recommendations—a testament to how far AI has come in one year.


10 Key Insights  

  1. Fraud is faster, more targeted, and increasingly AI-powered
  2. Credential theft allows adversaries to access accounts at will
  3. Exploitation of known vulnerabilities gives attackers a head start
  4. Weak identities widen attack surfaces
  5. Third-party vendor risk management is required
  6. Investigate phishing-resistant passwordless technology
  7. Expect to be attacked and prepare your response plan
  8. Know your data, where it is, and how it’s protected
  9. Educate your teams—help them stay vigilant
  10. Know your infrastructure and third-party dependencies

Download the Full Report  

Get the complete 24-page report with detailed analysis, charts, and actionable recommendations.

Download PDF →

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About This Report  

The Fraud Intelligence Report (FIR) is published annually by FIR Risk Advisory. We synthesize intelligence from government agencies (CISA, FBI, NCSC, ENISA) and industry leaders (Verizon, CrowdStrike, Mandiant, Palo Alto Networks, IBM) to deliver actionable insights that help businesses stay ahead of evolving threats.

Learn more about FIR Risk Advisory →