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Fraud rises as cybercriminals flock to online lenders

Cybercrime is becoming more automated, organized and networked than ever before, says ThreatMetrix Cybercrime Report: Q4 2016. Cybercriminals are increasingly targeting online lenders and emerging financial services, says Vanita Pandey. The report is based on data drawn from the threatMetrix Digital Identity Network, which analyzes about 2 billion transactions per month for insight into traffic patterns and emerging threats. The network uses a real-time policy engine to analyze transactions about 44 percent of which originate from mobile devices.”]

Source: https://www.csoonline.com/article/3173999/fraud-rise-as-cybercriminals-flock-to-online-lenders.html

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