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Online Fraud Skyrocketing: Gaming, Streaming, Social Media, Travel and eCommerce Hit the Most

Online Fraud Skyrocketing: Gaming, Streaming, Social Media, Travel and eCommerce Hit the Most

Image courtesy of Help Net Security

An Arkose Labs report warns UK commerce it faces its most challenging year ever, documenting an 85% increase in login attacks and fake account creation across 150 billion-plus transaction requests in 254 countries. 1 in 4 new online accounts were fake and 21% of all traffic was confirmed as fraudulent, with gaming, streaming, social media, travel and e-commerce sectors hardest hit. The travel industry alone saw a 12.5x increase in attacks as consumers resumed booking.

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