BioCatch published a press release dated 14 October 2026 reporting Spanish bank fraud and scam trends over the last 12 months.
Spanish banks report 150% spike in fraud conducted from stolen devices ↗
What happened
- Attempted fraud sessions at BioCatch-customer Spanish banks increased by 19% over the last 12 months, attempted scam sessions by 46%, and average fraud attempt value by 63%.
- Social engineering scams accounted for 43% of all fraud and 60% of fraud losses in Spain over the last 12 months, per the report.
- BioCatch reports a 35% increase in sessions involving malware among Spanish customers in the first half of the year.
- The report includes a case study on behavioral intelligence identifying a remote access attack on a corporate account.
Why it matters to Signicat
- The release is vendor-sourced market data on Spanish banking fraud, relevant to Signicat's Iberia coverage and to fraud-prevention positioning against behavioral-biometric vendors.
- The 150% headline figure is not stated in the body text, which reports 19%, 46% and 63% increases; the headline figure is unverified from the excerpt.
Evidence from the source (6 quotes)
- “Attempted fraud sessions at those banks increased by 19% over the last 12 months, attempted scam sessions by 46%, and the average value of a fraud attempt by 63%.” source ↗
- “Social engineering scams accounted for 43% of all fraud and 60% of fraud losses in Spain over the last 12 months.” source ↗
- “In the first half of the year, our Spanish customers also reported a 35% increase in sessions involving malware” source ↗
- “The report also includes a case study showing how behavioral intelligence identified a remote access attack on a corporate account.” source ↗
- “The Spanish banks reporting this data all work with BioCatch” source ↗
- “Average value per fraud attempt increases by 63%*” source ↗
Fraud deepfake injectionAuthentication passwordlessResearch reportCase studyIberia
5 of 5 facts verified against the source · confidence medium · claude-haiku-5-5