LexisNexis® Risk Solutions Global Cybercrime Report

The Calm Before The Storm?

Your organization’s risk decisioning is only as effective as the intelligence it can access.

Get unique and actionable insights into current fraud trends, straight from one of the world’s largest cross-industry risk intelligence networks.

Download The Global LexisNexis® Risk Solutions Cybercrime Report Soon.

Download Report Download Report

Risk Insights From More Than 100 Billion Global Transactions

From across the customer journey, and multiple industries around the world, see where bad actors are focusing their attacks, and how to better protect consumers.

Refining trust with Al
Interrupting scams by detecting money mules
Managing fraud and scams with real-time data and advanced analytics
Increasing collaboration to help comply with regulations

Download Report Download Report

Discover emerging fraud trends

35.9%

Reported attacks are first-party fraud

The threat is growing globally. Explore how forward-thinking organizations are fighting back.

1/11

New account creations are attacks

This is still one of the highest-risk steps in the customer journey, especially on financial mobile apps.

+37%

Fraud attack rate by people in APAC

Find out how the other regions compared across digital channels.

4.9x

Risk on mobile browsers versus mobile apps

Consumers love the mobile channel — so do fraudsters. Discover where the attacks are concentrated.

Watch More Highlights From the Global LexisNexis Cybercrime Report

Download The Global LexisNexis® Risk Solutions Cybercrime Report

More Cybercrime Insights

Cybercrime Report Infographic

Download Infographic

Cybercrime Report 2023 Video

Watch Video

Cybercrime Report 2023 Infographic

Download Infographic

Cybercrime Report 2023 Canada

Download Report

Related Resources

Products You May Be Interested In

This document is for informational purposes only and does not guarantee the functionality or features of any LexisNexis Risk Solutions products identified. LexisNexis Risk Solutions does not represent nor warrant that this document is complete or error free. LexisNexis, LexID and the Knowledge Burst logo are registered trademarks of RELX Inc. Other products or services may be trademarks or registered trademarks of their respective companies. Copyright © 2024 LexisNexis Risk Solutions.

Confidence Amid Chaos - Managing Fraud and Scams with Real-Time Data and Advanced Analytics

Download Report

Digital fraud attack rates continued climbing in 2023, increasing 19% year-over-year. Automated bot attacks remained stable after last year’s surge in attack volume.

Organizations operating in North America (up 43% YOY to 1.9%) or in the ecommerce sector (up 59% YOY to 2.8%) sustained the greatest increase, driving the global average attack rate to 1.5% of 92 billion transactions analyzed.

You won’t find insights like these anywhere else because no one else has such global and granular fraud intelligence.

The LexisNexis® Risk Solutions Cybercrime Report delivers unique and actionable insights derived via advanced machine learning algorithms from the largest cross-industry network consortium in the world, the LexisNexis® Digital Identity Network® platform.

To keep ahead of the increasingly frequent, sophisticated and global nature of digital fraud attacks and scams, while keeping good customers safe and content, download the latest LexisNexis® Risk Solutions Cybercrime Report.

Download The Global LexisNexis® Risk Solutions Cybercrime Report

Financial Services Corporations

Fraud

Trust and Collaboration as Foundations to Fight Fraud

Explore findings from the latest LexisNexis® Risk Solutions Cybercrime Report.

Get the Report

Keeping Good Customers Safe

Reopening economies and markets are reigniting opportunities for cybercrime with the global digital fraud attack rate rising 20% year-over-year (YOY) between 2021 and 2022. Industrial-scale fraudsters are striking with velocity as our back-to-business world enters a post-pandemic stage. The volume of human-initiated attacks grew 56% YOY while the volume of automated bot attacks posted a 27% YOY increase.

The digital economy continues expanding across emerging markets. New-to-digital consumers and financially vulnerable individuals make ideal targets for scams and mule schemes. Scams of all kinds–both traditional account takeover through phishing attacks and more sophisticated authorized push payment fraud–rank among the biggest global fraud challenges. Digital fraud growth is also driving a reliance on mule accounts to move and monetize fraud proceeds.

The LexisNexis® Risk Solutions Cybercrime Report 2022 highlights how today’s industrialized fraud landscape demands a coordinated, multi-layered response centered around customer trust and industry collaboration. The report provides the latest statistics and details on:

Where attack rates are increasing and impacting digital channels
Universal cybercrime challenges and unique regional differences
Targeted risks across key customer touchpoints
Industry vulnerabilities and opportunities
Symbiotic relationship between scam growth and mule networks

Take the fight to the fraudsters by starting from the advantage of customer trust and industry collaboration.

LexisNexis Risk Solutions Cybercrime Report

Click here to download the full Cybercrime Report

Discover Highlights From the Cybercrime Report

Get the Infographic

Discover Cybercrime Highlights in the U.S.Discover Cybercrime Highlights in Canada Download the Canadian Cybercrime and Fraud Trends Report

Cybercrime Report Key Insights and Global Trends

Digital transactions drive global marketplaces. The growth in digital transactions continues to flourish despite a myriad of world events. In 2022 the number of transactions analyzed in the LexisNexis® Digital Identity Network® approached 80 billion.

Ecommerce industry facing elevated attack rates. Automated bot attacks have shifted focus away from the communications, mobile and media (CMM) industry in 2022, focusing instead on the ecommerce sector where desktop and mobile attack rates have both grown by 30%+ YOY.

Mobile app transactions dominate the field of play. 77% of all transactions are on mobile (up 7% YOY), with mobile apps becoming the preferred channel for digital transactions.

Human-initiated attacks leverage bot harvesting success. Human-initiated attacks on individual online transactions have seen a significant rise in 2022, outpacing the growth in good customer transactions, with attacks continuing to shift to the mobile channels.

Trust becomes a strategic defense tool. Analysis from the LexisNexis® Digital Identity Network® showed that the percentage of events classified as trusted increased by 9% from H1 2021 to H2 2022. Separating out trusted customers first facilitates a more focused analysis to determine which remaining events are attacks.

End-to-end scam prevention strategies must consider money flows into mule accounts. Money transfers across banks in real time are hard to disrupt and investigate without the ability to link by digital identity.

In addition to trends and analysis from the LexisNexis® Digital Identity Network®, several specific topics will be explored further, including:

Fraud classifications around the world
How organizations are developing a better 360-degree view of their customers and the benefits of doing this
Hunting mules with digital identities
Regional snapshots and trends in APAC, EMEA, LATAM and North America

Download the Report

Cybercrime Report Insights

Number of Transactions Processed, in Billions

+44% growth in global transaction volume year-over-year

Global Attack Patterns, in Millions

Growth in bot and human-initiated attacks

Transactions by Channel

Mobile vs. Desktop

Mobile App vs. Mobile Browser

About the Cybercrime Report

The LexisNexis® Risk Solutions Cybercrime Report is based on cybercrime attacks detected by the LexisNexis® Digital Identity Network® from January-December 2022, during near real-time analysis of consumer interactions across the customer journey, from new account creations, logins, payments and other non-core transactions such as password resets and transfers.

The Digital Identity Network® and its near real-time policy engine provide unique insight into global digital identities across applications, devices and networks.

LexisNexis® Risk Solutions customers benefit from a global view of risks, leveraging global rules within bespoke policies that are custom-tuned specifically for their businesses.

Cybercrime Report July - Dec 2019

Download Report

Cybercrime Report Jan-June 2020

Download Report

Cybercrime Report
July - Dec 2020

Download Report

Click here to download the full Cybercrime Report

Discover Cybercrime Highlights in the U.S.Discover Cybercrime Highlights in Canada Download the Canadian Cybercrime and Fraud Trends Report

Fraud and Identity

Financial Crime Compliance

Payments Efficiency

Risk Orchestration

Credit Risk

Financial Services and Banking

Cryptocurrency

Gaming and Gambling

Insurance

Corporations

Business Overview

Executive Leadership

Careers

Corporate Responsibility

Inclusion & Belonging

Our Technology

News Room

Experts

Corporate Alliances and Partnerships

LexisNexis® Risk Solutions Global Cybercrime Report

The Calm Before The Storm?

Your organization’s risk decisioning is only as effective as the intelligence it can access.

Risk Insights From More Than 100 Billion Global Transactions

Discover emerging fraud trends

35.9%

Reported attacks are first-party fraud

1/11

New account creations are attacks

+37%

Fraud attack rate by people in APAC

4.9x

Risk on mobile browsers versus mobile apps

Watch More Highlights From the Global LexisNexis Cybercrime Report

Download The Global LexisNexis® Risk Solutions Cybercrime Report

Thank you.

More Cybercrime Insights

Cybercrime Report Infographic

Cybercrime Report 2023 Video

Cybercrime Report 2023 Infographic

Cybercrime Report 2023 Canada

Related Resources

iGaming Bonus Abuse and How To Fight Back

Global State of Fraud and Identity Report

The Evolution of Scams and How to Protect Your Customers

The Success Multiplier

Strong Performer in Forrester Wave™ Enterprise Fraud Management

Metro Bank Achieves 71% Uplift in Mule Payment Detection Ahead of PSR

Hunting Money Mules

Tackling Holiday Shopping Season Fraud

2025 Fraud and Identity Trends

Creating a Single Customer View with NatWest

The Identity Trust Pulse Podcast

What is Behavioral Biometrics?

Beyond Bank Case Study

Reduce Friction & Fraud in Online Banking

Cryptocurrency Exchange Fraud

Reduce Account Takeovers and Online Fraud

Top 10 Anti-fraud Tips E-book

LexID® Digital

Products You May Be Interested In

BehavioSec®

Digital Identity Network®

Emailage®

ThreatMetrix®

Confidence Amid Chaos - Managing Fraud and Scams with Real-Time Data and Advanced Analytics

Download The Global LexisNexis® Risk Solutions Cybercrime Report

Thank you.

Trust and Collaboration as Foundations to Fight Fraud

Keeping Good Customers Safe

Click here to download the full Cybercrime Report

Discover Highlights From the Cybercrime Report

Share

Cybercrime Report Key Insights and Global Trends

Cybercrime Report Insights

Number of Transactions Processed, in Billions

+44% growth in global transaction volume year-over-year

Global Attack Patterns, in Millions

Growth in bot and human-initiated attacks

Mobile vs. Desktop

Mobile App vs. Mobile Browser

Cybercrime Report
July - Dec 2020