H1 2026 Update: Top Fraud Trends

This report offers fraud, risk, identity and authentication leaders with updated, Canada-specific intelligence to help evaluate fraud tactics and adjust strategies. It blends two sources of intelligence: insights from a survey of Canadian consumers and data from billions of transactions within the TransUnion® global intelligence network. Each source reveals a different perspective, helping to deliver a more holistic view of the fast-changing threat landscape.

Canada's digital fraud landscape is increasingly sophisticated, driven by a rise in evolving criminal tactics and widespread exposure of consumer data. Canada's suspected digital fraud rate reached 4.4% in 2025 — above the global average of 3.8% for the same period, though down from 5.4% in 2024. Fraudsters may be shifting toward high-success, short-term schemes aimed at circumventing traditional identity verification and authentication controls, which could be contributing to heightened consumer concern across a range of fraud types.

Key report findings in Canada: 

• Identity-based fraud impacts consumer trust — and wallets
• Fraud risk persists across industries and the consumer lifecycle
• Compromised identities increase risk of sophisticated fraud attacks 

To explore Canada’s fraud landscape and how it compares to other markets, complete the form to download the full report.