2025 Data Breach Industry Forecast

Recent statistics reveal a direct connection between employee identity theft and business vulnerabilities. Compromised employee credentials can be a common entry point for fraudsters and putting your organization’s cybersecurity at risk. 

• Up to 80% of cyberattacks leverage identity-based attack methods, and many breaches stem from phishing attacks targeting employee login details
  
• The average cost of a data breach was $4.88 million in 2024, the highest average on record.
  
• Cyberattacks are becoming more common, striking 4,000 times per day.

While all eyes are on the impact of tariffs, immigration policy, and other proposals coming out of the new administration, the five key trends that I’ll be watching in 2025 have been playing out over the last couple of years and will be important to how the economy and lending market unfolds in the year ahead.

Trends include:

• The slowdown in the “white-collar” job market
• The stabilization of consumer delinquency
• The letting up of lending standard tightening

Explore state-level and industry level data that banks, credit unions and fintechs can leverage to track the downturn and be correctly positioned for the recovery in this monthly report.

Credit risk, fraud, and compliance have long operated in silos, but forward-thinking organizations are unlocking new opportunities through convergence.

Read our e-book to learn how aligning these critical functions can help you:

• Reduce overall risk
• Improve operational efficiency
• Stay ahead of the competition