Image courtesy of Journal of Cyber Policy
Drawing on Arkose Labs' analysis of more than 1.3 billion transactions, this article outlined 3 top fraud trends businesses needed to monitor in 2020: a 90% rise in human-driven attacks, a 25% increase in complex automated attacks and the exploitation of pandemic-driven behavioral shifts by organized fraud operations. The piece emphasized that fraudsters were blending bots and human labor to defeat traditional defenses across financial services, ecommerce, travel, social media and gaming. Arkose Labs argued that organizations must move attack surfaces further to the perimeter and raise the cost of attacks to effectively deter fraud.
