Security News > 2020 > September > Tracking global cybercrime activity and the impact on the digital economy

Tracking global cybercrime activity and the impact on the digital economy
2020-09-16 03:00

The period has seen strong transaction volume growth compared to 2019 but an overall decline in global attack volume.

The EMEA region saw lower overall attack rates in comparison to most other global regions from January through June 2020.

Desktop transactions conducted from EMEA had a higher attack rate than the global average and automated bot attack volume grew 45% year over year.

The UK is also the second largest contributor to global bot attacks behind the U.S. One example of a UK banking fraud network saw more than $17 million exposed to fraud across 10 financial services organizations.

Globally, automated bots remain a key attack vector in the Digital Identity Network.


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