Image courtesy of Security Boulevard
New data from Arkose Labs showed that 26.5% of all transactions in Q1 2020 were fraud and abuse attempts — a 20% increase over the previous quarter and the highest attack rate the company had ever recorded. Researchers attributed the surge to organized fraud operations quickly mobilizing around pandemic-driven spikes in digital activity, with the U.S. emerging as the top originator of cyberattacks. The period also saw a sharp decline in human-driven sweatshop attacks, attributed to early COVID-19 lockdowns in traditional fraud hubs across Asia.
