Confidence Amid Chaos: Managing Fraud and Scams with Data and Analytics

Confidence Amid Chaos: Managing Fraud and Scams with Data and Analytics

Digital fraud attack rates continued climbing in 2023, increasing 19% year-over-year. Automated bot attacks remained stable after last year’s surge in attack volume.

Organizations operating in North America (up 43% YOY to 1.9%) or in the ecommerce sector (up 59% YOY to 2.8%) sustained the greatest increase, driving the global average attack rate to 1.5% of 92 billion transactions analyzed.

The LexisNexis® Risk Solutions Cybercrime Report delivers unique and actionable insights derived via advanced machine learning algorithms from the largest cross-industry network consortium in the world, the LexisNexis® Digital Identity Network® platform.

To keep ahead of the increasingly frequent, sophisticated and global nature of digital fraud attacks and scams, while keeping good customers safe and content, download the latest LexisNexis® Risk Solutions Cybercrime Report.




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