More than 210 million attempted fraud attacks occurred during the first quarter of this year, a 62 percent increase from 2017. E-commerce transactions are 10 times riskier than those in a more traditional financial services setting. Bots are being used to launch account validation attacks, test passwords on good user accounts and more. The rising use of bots may reflect the increasing sophistication of attacks involving fraudulent online payments and the creation of phony new accounts, according to ThreatMetrix. There were 150 million rejected transactions over the course the quarter, an 88 percent increase over the same period a year ago.”]