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Cyber Security

Fraudsters increasingly focusing on digital accounts whether existing or fake ones

Arkose Labs report found that attackers are leveraging fraud farms and mobile devices to increase their ability to mimic the way consumers interact today. Fake new account fraud comprised over one-third of attacks detected in 2021, an increase of over 70% from the end of 2020. 50% of all digital traffic (good and bad) originated from a mobile device, up from 35% in the second half of 2020. The report indicated that attacks against logins and registrations are not always independent. As cybercriminals deploy these multi-pronged strategies, platforms must have an adaptable approach that protects both account entry points.

Source: https://www.helpnetsecurity.com/2021/08/11/digital-accounts-fraud/

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