Security News > 2021 > August > Digital fraud attempts on the rise: Gaming, travel and leisure most targeted

As the prevalence of digital fraud attempts on businesses and consumers continues to rise, TransUnion's analysis found that fraudsters are re-focusing their efforts from financial services to the travel and leisure and gaming industries.

Gaming and travel and leisure were the two most impacted industries globally for the suspected digital fraud attempt rate, rising 393.0% and 155.9% in the last year, respectively.

When comparing Q2 2021 and Q2 2020, the rate of suspected online financial services fraud attempts have still risen, but at a much lower rate of 18.8% globally and 38.3% in the US. Many consumers still targeted by COVID-19 related digital fraud.

As online fraud attempts against businesses continue to escalate, one in three consumers stated that they have been targeted by a digital fraud scheme related to COVID-19 during the second quarter of 2021.

Among global consumers who say they were targeted with COVID-19-related digital fraud, 33% state they have been targeted by or fallen victim to such fraud.

Stolen credit card or fraudulent charges was the second most cited type of COVID-19 related online fraud among those targeted, affecting global consumers at 24%. Phishing was No. 1 in the U.S. at 35% followed by stolen credit card or fraudulent charges at 31%. "One in three people globally have been targeted by or fallen victim to digital fraud during the pandemic, placing even more pressure on businesses to ensure their customers are confident in transacting with them," said Melissa Gaddis, senior director of customer success, Global Fraud Solutions at TransUnion.

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