LexisNexis Risk Solutions Cybercrime Report Reveals 19% Annual Increase in Global Human-Initiated Digital Attack Rate
RELX PLC PLC American Depositary Shares (Each representing One Ordinary Share) (RELX)
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Source: PR Newswire
Volume of human-initiated attacks surged by 40%, while automated bot attacks increased by 2%.Cybercriminals are utilizing remote scam centers based in Southeast Asia to launch attacks on consumers globally. Third-party account takeover is the most common fraud classification reported by clients (29% of all classifications).ATLANTA, May 23, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions today released the results of its annual Cybercrime Report, an analysis of data from 92 billion transactions processed through its LexisNexis® Digital Identity Network® throughout 2023. The report, Confidence Amid Chaos, reveals a 19% year-over-year (YOY) increase in the global human-initiated digital attack rate compared to the previous year. Cybercriminals' expanding scale of activity is reflected in the rising attack rate, particularly in ecommerce and across North America.The LexisNexis® Identity Abuse Index, which records the percentage of attacks per day, shows that attack rates spiked at both th
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