Cybercriminals become more sophisticated as digital fraud rises – leaving many organisations unprepared for how to deal with the onslaught of attacks.
The report, Trust and Collaboration as Foundations to Fight Fraud, shows that the global digital attack rate increased 20% year over year (YOY) compared to 2021.
/PRNewswire/ LexisNexis® Risk Solutions today released the results of its annual Cybercrime Report, an analysis of data from 79.8 billion transactions.
Fraud patterns are changing considerably as consumer dependence on the mobile channel continues to increase. Over the past three years, the share of attacks on mobile channels, versus desktop, has risen steadily, moving from accounting for just about 40% of all attacks in H1 2018 to about 60% in H2 2021, data from the LexisNexis Risk Solutions Cybercrime Report, July to December 2021, show.