Image courtesy of The Paypers
Arkose Labs research revealed more than 2 billion credential stuffing attacks between October 2020 and September 2021 — a 98% increase over the prior year — with the attack type accounting for 5% of all online traffic in the first half of 2021. The company warned that the spike was expected to peak during the Christmas shopping season, as credential stuffing attacks had already risen 56% during the previous year's holiday period. Fraudsters use credential stuffing to gain unauthorized access to financial and personal accounts, monetizing them through fund theft, data resale and money laundering.
