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More Than Half of Social Media Login Attempts Are Fraud

Arkose Labs analyzed 1.2 billion user transactions conducted between April 1 and Jun. 30, 2019. The company discovered a mix of automated and human-driven fraud targeting business transactions across industries. Fake login attempts make up three of every four digital transactions a business has with its customers. Fraudsters are also after data: by taking over actual user accounts they can access individuals’ targeted recommendations, discounts, and personal information. The Philippines is the single largest attack originator for both automated and humans-driven attacks.”]

Source: https://www.darkreading.com/cloud/more-than-half-of-social-media-login-attempts-are-fraud

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