Image courtesy of European Gaming
The Arkose Labs Network's 2022 State of Fraud and Account Security report warns UK commerce it faces its most challenging year ever, citing an 85% surge in login attacks and fake account creation after analyzing more than 150 billion transaction requests across 254 countries. Gaming, online streaming, social media, travel and retail/e-commerce sites were identified as the worst-hit sectors. The report also flags the metaverse as a fast-emerging breeding ground for cybercrime and introduces the concept of the 'Master Fraudster' — a persistent, high-investment attacker — as a newly defined threat category.
