The Rise of Scams and Automated Bot Attacks
With the increased number of digital transactions, there has been a surge in automated attacks by fraudsters seen in the first half of 2021.
Cybercrime in EMEA – Adapting to a Post-Pandemic World
The impact of the big shift to digital operations in 2020 has been more heavily felt in the first half of 2021 particularly in the world of cybercrime and online fraud. With the increase in the number of digital transactions, there has been a parallel increase in the number of automated attacks by fraudsters.
Data gathered from LexisNexis® revealed that in the first six months of this year, there has been a 28% increase in processed transactions globally, compared to the same period last year. Within that time automated bot attacks also rose by 41%, but it is important to note that not all industries faced the same level of attack.
Data gathered from LexisNexis® revealed that in the first six months of this year, there has been a 28% increase in processed transactions globally, compared to the same period last year. Within that time automated bot attacks also rose by 41%, but it is important to note that not all industries faced the same level of attack.
Read our latest EMEA Cybercrime Report, with data covering January-June 2021, to understand the current cybercrime landscape, trends and transaction activities. You’ll understand why a multi-layered fraud prevention strategy will be essential in navigating this uncharted territory. To find out more on the global cybercrime landscape and gain wider insight into the LexisNexis Digital Identity network from across the globe, download the Global Cybercrime Report.