Nearly Half of Canadians Report Being Targeted by Digital Fraud as Scammers Exploit Familiar Communications and Accounts
TransUnion released its H2 2026 Update to the Top Fraud Trends Report, finding that 49% of surveyed Canadians were targeted by digital fraud schemes in a recent three-month period, with 6% becoming victims. Suspected digital fraud in financial transactions with TransUnion's Canadian clients rose 226% from H1 2022 to H1 2026, with account login accounting for 42.4% of all suspected digital fraud in Canada in H1 2026.
Key figures
- Vishing reported pct
- 44%
- Phishing reported pct
- 47%
- Smishing reported pct
- 40%
- Canadians victimized pct
- 6%
- Business leaders concerned pct
- 47%
- Canadians targeted by fraud pct
- 49%
- Account login fraud rate growth pct
- 108%
- Canadians holiday fraud concern pct
- 59%
- Business leaders citing scam fraud losses pct
- 34%
- Business leaders reporting fraud increase pct
- 42%
- Account login share of suspected fraud canada pct
- 42.4%
- Suspected digital fraud growth h1 2022 to h1 2026 pct
- 226%
- Synthetic identity share of onboarding credit losses pct
- 14%
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.