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Arkose Labs: 85% increase in online fraud; over a fifth of all online traffic now an attack

Arkose Labs: 85% increase in online fraud; over a fifth of all online traffic now an attack

Image courtesy of The Paypers

Arkose Labs released its 2022 State of Fraud and Account Security report, revealing an 85% increase in login attacks and fake account creation after analyzing over 150 billion transaction requests across 254 countries and territories. The data found that 1 in 4 new online accounts were fake, with 21% of all traffic confirmed as fraudulent. The company also identified that bots drove 86% of attacks, making them 3 times more complex than in prior years.

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