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Digital fraud attempts in Canada exceed global average; median loss per victim is CAD 1,301 in 2025

Market News
13 May 2026
Transunion
Bearish
pluang ai news

In 2025, Canada experienced a higher rate of suspected digital fraud attempts (4.4%) compared to the global average (3.8%), with 13% of Canadians reporting financial losses averaging CAD 1,301. Credit card fraud was the most common cause, followed by scams on legitimate e-commerce sites and account takeovers. Fraud risks are highest during account login attempts, which were over three times the global average. Online communities and video gaming sectors saw significant increases in fraud, highlighting the need for stronger data security measures in Canada’s increasingly digital economy.

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