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Bots: Biggest player on the cybercrime block

In the world of cybercrime, ransomware and DDoS attacks had the highest profile by far during the past year. But when it comes to money being lost (and made) bot fraud is king by a lot. Most estimates of losses in the US from ransomware during 2016 were in the $1 billion range. A study published in January 2016 by White Ops and the Association of National Advertisers (ANA) estimated global losses in 2016 would be $7.2 billion. A more recent report by Marketing Science Consulting Group estimated 2016 losses in US alone at $31 billion.”]

Source: https://www.csoonline.com/article/3176889/bots-biggest-player-on-the-cybercrime-block.html

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