---
title: Fraud
url: https://www.medius.com/financial-census/fraud/
updated: 2025-12-22T21:08:30Z
---
# Messy paper trails, deepfakes, and manual processes make invoice fraud easy.

Disorganized invoice processes are fueling organized crime—yes, that organized crime, along with a few rogue individuals— to become more professional.

- 44% of businesses have been targeted by invoice fraud
- Business Email Compromise (BEC) scams hit 43% of businesses surveyed

## Is that really you?

- Deepfakes, which create convincing-but-false audiovisual content, pose potential risks in identity verification with 34% of businesses targeted by identity theft
- 53% of finance professionals have been targeted by attempted deepfake scamming attacks
- 43% admit they have ultimately fallen victim to an attack
- Only 40% of professionals, however, say protecting the business from deepfakes is a top priority

## $133,000 is a lot to lose.

20% of finance professionals are unable to estimate how much fraud is costing them—because they’re often unaware that it’s happening—but the other 80% put the average cost at $133,000 annually.

## Are you fighting fraud with one arm tied behind your back?

Finance leaders are trying to take on fraud, but mostly on their own.

- In 44% of the organizations, finance is solely responsible for preventing invoice fraud.
- Only 13% of companies collaborate across finance and IT to prevent and catch payment fraud.

## Think your AP process is safe?
Think again.

**Download the AP Fraud Fighter’s Toolkit** and learn how to outsmart modern fraud threats—before they cost you.

**What’s inside:**

- Quick risk self-check
- Red flag + scam checklist
- Real-time prevention tips

[Get the toolkit](https://www.medius.com/resources/guides-reports/ap-fraud-fighters-toolkit/ "AP Fraud Fighters Toolkit")

[!\[AP Fraud Fighter’s Toolkit cover\](https://www.medius.com/media/wollozkt/resource-menu_fraud-fighters-toolkit.png?rmode=max&width=372&height=0&v=1dbc6a26880ba70)](https://www.medius.com/resources/guides-reports/ap-fraud-fighters-toolkit/)

## Here’s how you stop fraud.

1. Validate important vendor data—make sure they are who they say they are.
2. Build in some regulations and a few checks and balances.
3. Invest in [anomaly-detection technology](https://www.medius.com/solutions/fraud-risk-detection/ "Fraud & Risk Detection"), so if something isn’t right, it stands out.
4. Automate [payments](https://www.medius.com/solutions/medius-payments/ "Medius Pay") and protect the invoice process, end to end.

[!\[Accounts Deceivable Podcast Series\](https://www.medius.com/media/frxbcx0d/accounts-deceivable-3.png?rmode=max&width=372&height=0&v=1d957adba886540)](https://www.medius.com/medius-podcast-series/)

## What's the answer?

If you want to dive deeper and learn more about invoice fraud, check out our limited series podcast, Accounts Deceivable, which looks at a growing category of white-collar crime: invoice fraud.

[Listen Now](https://www.medius.com/medius-podcast-series/ "Medius Podcast Series")

### Explore other financial hurdles.

[Unhappy people](https://www.medius.com/financial-census/unhappy-people/)

[Whistleblowing](https://www.medius.com/financial-census/whistleblowing/)

[Slow payments](https://www.medius.com/financial-census/slow-payments/)

[Cooperation](https://www.medius.com/financial-census/cooperation/)

[Financial Census home](https://www.medius.com/financial-census/ "Financial Census")