Image courtesy of Security Magazine
Security Magazine covered Arkose Labs' Q4 2019 Fraud and Abuse Report, which found overall fraud attacks rose 30% in Q3 2019 while bot-driven account registration fraud surged 70%, signaling that cybercriminals were pre-positioning stolen credentials ahead of the holiday shopping season. The report — based on analysis of more than 1.3 billion transactions — also found that 1 in 5 new account openings were fraudulent.
