One in three Irish adults have experienced fraud, yet 38% never report it

Research found online purchase scams were the most common, with 48% of victims being impacted, followed by debit and credit card fraud (34%)

While total reported payment fraud in Ireland reached €160m in 2024, a 24.5% increase from 2023, the new research suggests the true impact on consumers may be significantly underestimated.

One in three Irish adults has experienced fraud or scams, with nearly two-thirds of victims suffering financial losses, a report from the Central Bank of Ireland has found.

While total reported payment fraud in Ireland reached €160m in 2024, a 24.5% increase from 2023, the new research suggests the true impact on consumers may be significantly underestimated.