Fraud in the
Digital Age

The $16.6 Billion Crisis

Over the past five years, cybercrime has evolved from a distant concern into a pervasive epidemic. In 2025, the FBI reported that Americans lost $16.6 billion to cybercriminals—a staggering 33% increase from the previous year. To put this in context, losses have more than tripled since 2020, when reported cybercrime losses totaled just $4.2 billion.

fraud alert on a laptop computer

One of the most common and devastating forms of digital fraud is business email compromise (BEC). In 2024 alone, BEC attacks caused $2.77 billion in losses across more than 21,000 reported incidents. What makes BEC particularly dangerous is the exploitation of trust: criminals impersonate legitimate people and organizations, and when victims believe them, the consequences can be catastrophic.

email fraud

Real Estate: A Prime Target in 2026

For industries built on trust and high-value transactions, like real estate, fraud is not just a nuisance—it’s an existential threat. The U.S. real estate sector faces a rising tide of wire fraud attacks, as it presents criminals with a near-perfect combination of vulnerabilities:

High-value transactions

With the median U.S. home price surpassing $400,000 in 2025 and commercial deals reaching into the millions, the financial stakes are enormous.

Time pressure

Tight closing deadlines create urgency that criminals can exploit.

Multiple parties

Buyers, sellers, agents, lenders, title companies, and attorneys all communicate during a transaction, multiplying opportunities for impersonation.

Public information

Property records, listings, and transaction details are often easily accessible, giving fraudsters valuable intelligence.

Fragmented security

Unlike banking or other highly regulated sectors, real estate lacks uniform cybersecurity standards, leaving practices inconsistent across states and companies.

hands on a laptop

In an industry defined by trust, the combination of high stakes, complex processes, and fragmented defenses makes real estate a particularly attractive target for modern fraudsters. Understanding these risks is the first step toward defending against them.

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