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Arkose Labs Raises $70 Million Led by SoftBank Vision Fund 2 to Bankrupt the Business of Fraud


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Arkose Labs Raises $70 Million Led by SoftBank Vision Fund 2 to Bankrupt the Business of Fraud
Arkose LabsMay 11, 2021 GMT
SAN FRANCISCO, May 11, 2021 (GLOBE NEWSWIRE) Arkose Labs, provider of online fraud and abuse prevention technology, today raised a $70 million Series C funding round led by SoftBank Vision Fund 2 with additional participation from Wells Fargo Strategic Capital and previous investors M12 and PayPal Ventures, bringing the total funding to $114 million to date.
Arkose Labs takes an approach that is unique in the industry to fighting fraud and cybercrime. Rather than being reactive and playing a constant game of whack-a-mole with attackers, Arkose Labs built its platform by first looking at how fraudsters make money by attacking digital platforms. By working backwards from that starting point and then implementing strategies to make it more difficult ....

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Rise of the Cyborg: Arkose Labs Fraud Report Finds Human-Bot Hybrid Attacks Increase in Q1


Rise of the Cyborg: Arkose Labs Fraud Report Finds Human-Bot Hybrid Attacks Increase in Q1
One-Third of All Attacks Originated in Europe
LONDON and SAN FRANCISCO, May 06, 2021, provider of online fraud and abuse prevention technology, today released new data on the latest fraud trends, revealing an increase in human-bot hybrid attacks.
The
Q2 Arkose Labs Fraud and Abuse Report, released today, also found that Europe was the top attacking geography, with more than one-third of all attacks originating there. Additionally, there was a significant amount of human-driven attacks originating from North America, which could indicate that many who were drawn to fraud to make money during lockdowns have continued on this path. ....

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Investegate |Arkose Labs Announcements | Arkose Labs: Rise of the Cyborg: Arkose Labs Fraud Report Finds Human-Bot Hybrid Attacks Increase in Q1


Rise of the Cyborg: Arkose Labs Fraud Report Finds Human-Bot Hybrid Attacks Increase in Q1
One-Third of All Attacks Originated in Europe
LONDON and SAN FRANCISCO, May 06, 2021 (GLOBE NEWSWIRE) Arkose Labs, provider of online fraud and abuse prevention technology, today released new data on the latest fraud trends, revealing an increase in human-bot hybrid attacks.
The
Q2 Arkose Labs Fraud and Abuse Report, released today, also found that Europe was the top attacking geography, with more than one-third of all attacks originating there. Additionally, there was a significant amount of human-driven attacks originating from North America, which could indicate that many who were drawn to fraud to make money during lockdowns have continued on this path. ....

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