LexisNexis Risk Solutions Report 183% increase in bot attacks in Canadian e-commerce industry revealed
Atlanta, August 15, 2023 /PRNewswire/ — LexisNexis® Risk Solutions Canadian cybercrime and scam trend reportProvides an overview of Canadian transactions and attacks detected by the LexisNexis® Digital Identity Network® from January to January.December 2022. Canadian transactions processed by the Digital Identity Network® will reach nearly 8 billion in 2022, a 32% year-over-year (YOY) increase. Based on the report’s findings, Canada A 30% increase in human attacks and a 52% increase in bot attacks.
The study found a significant increase in digital transactions. Canada Year-over-year, 80% of transactions occur via mobile devices. Notably, Canada’s mobile browser attack rate increased to 5.1% year-on-year, well above his global average of 2.7% for the same period.
Financial services organizations in Canada experienced one of the highest overall attack rates globally, second only to financial services organizations in Latin America. The highest attack rates across Canadian financial services occurred during new account opening (5.2%) and payment (5.8%). Notably, the Canadian e-commerce industry experienced a massive 183% increase in bot attacks.
“This study shows that Canadian organizations have a unique experience scam Trends compared to global and US averages.Increased bot volume Canada The damage was high, with certain industries such as financial services seeing the highest attack rates globally. ” Said Alana Shudirector, scam and identity strategy CanadaLexisNexis Risk Solutions. “Organizations leveraging the Global Intelligence Consortium and layering solutions at each consumer touchpoint scam The trajectory of scam network. ”
LexisNexis Risk Solutions Canada Cyber Crime and scam Trend report:
Growth of digital trading: At the time of the report, digital transactions on the Digital Identity Network® grew 32% year-over-year.
Risky mobile channel: Canada It is consistently the most mobile country compared to other global regions, with 80% of transactions conducted via mobile channels. Canada It also had a particularly high mobile browser attack rate of 5.1% compared to a global mobile browser attack rate of 2.7%.
Different Industries, Different Attack Trends: Canada Human-initiated attacks increased 30% year-over-year, while bot attacks increased 52%. The e-commerce industry saw a 183% increase in bot attacks, while financial services saw a 31% increase in human-initiated attacks.
please visit Canadian cybercrime and scam trend report.
methodology
The study analyzed 79.8B from January December 2022 Leverage digital identity intelligence to address a variety of industries and use cases that distinguish good users from fraudsters. The Digital Identity Network uses device, location, behavior and threat data to verify the legitimacy of transactions when reporting attacks. This research focuses on interactions with digital services rather than network intrusion attacks.
About LexisNexis Risk Solutions
lexis nexis® Risk Solutions includes seven brands across multiple industries and verticals. We harness the power of data, advanced analytics platforms and technology solutions to deliver insights that help businesses and government agencies reduce risk and make better decisions that benefit people around the world.Headquartered in Metro Atlanta, Georgia, with offices around the world, is part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision-making tools for professional and business customers. Learn more about. LexisNexis Risk Solutions and relax.
Media contact:
mercy Theobald
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Marcy.Theobald@lexisnexisrisk.com
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Source LexisNexis Risk Solutions