Payment Fraud Incidents Drop in Cyprus While Financial Losses Surge 16%

Central Bank data reveals a trend in Cyprus where fewer payment fraud cases occurred in late 2025, but average losses per incident increased significantly, particularly in credit transfer scams.

26 Aug, 07:49 — 26 Aug, 07:49

Post Share

Sources

Showing 1 of 1 sources

in-cyprus2d ago

Cyprus payment fraud incidents fall, but losses jump 16%

Payment fraud in Cyprus followed a clear pattern in the second half of 2025: fewer incidents, but bigger losses, according to the latest Central Bank data, which flags particular concern over credit transfer fraud. Around 14,000 payment fraud incidents were recorded in the second half of 2025, down 5 per cent on the same period […]

By Theano Thiopoulou

Read full article →

PERSPECTA

PERSPECTA

Payment Fraud Incidents Drop in Cyprus While Financial Losses Surge 16%

Sources

Cyprus payment fraud incidents fall, but losses jump 16%

Related Stories

Meta Agrees to $17 Billion US Settlement Over Teen Safety Concerns

Fed Chair Warsh Signals Potential Rate Hikes Amid Persistent Inflation

Cheese Naming Dispute Stalls US-Mexico Trade Negotiations

Canada’s Economy Surges 3.3 Percent in Second Quarter Recovery

PERSPECTA