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76% of Treasury Teams Targeted by Rising Deepfake Payment Fraud

76% of Treasury Teams Targeted by Rising Deepfake Payment Fraud

First seen 1 Oct 2026, 18:05 UTC • •
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ThreatCluster AI
ThreatCluster •October 2, 2026 at 15:08 UTC
  • •76% of treasury teams reported payment fraud incidents in the past year.
  • •53% faced confirmed or suspected deepfake-related fraud attempts.
  • •Only 18% of organizations continuously revalidate supplier bank details.

The 2026 Treasury Dragons Payment Fraud Index reveals that 76% of treasury teams experienced at least one payment fraud incident in the past year, an increase from 73% in 2025. The report highlights a significant rise in deepfake attacks, with 53% of respondents facing confirmed or suspected deepfake-related fraud attempts. The most common attack method involves multi-channel approaches that combine email with voice calls or video interactions. Despite high confidence in supplier banking information (79%), only 18% of organizations continuously revalidate these details. The findings indicate that email remains a primary vector for fraud, with 41% of organizations receiving sensitive payment data via this insecure channel. The report emphasizes the need for organizations to adopt independent and continuous verification methods to combat these sophisticated fraud attempts.

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Timeline

2026-10-01
2026 Treasury Dragons Payment Fraud Index released
The index reveals that 76% of treasury teams experienced payment fraud, with deepfake attacks on the rise.
Markets.Businessinsider
2026-10-01
Webinar on corporate payment fraud held
The webinar featured insights from industry leaders on combating sophisticated fraud and strengthening payment security.
nsknox.net

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Common questions

What percentage of organizations are affected by payment fraud?
76% of treasury teams reported experiencing at least one payment fraud incident in the past year.
How are deepfake attacks typically executed?
Deepfake attacks often involve multi-channel methods, combining email with voice calls or video interactions.
What steps can organizations take to improve verification?
Organizations should implement continuous and independent verification of supplier bank details to mitigate fraud risks.