News Highlights: Bot attacks on the rise in new cybercrime report
LexisNexis Risk Solutions released his latest Report on Cybercrime, which examines the period from July to December 2020 and provides more insight into the effects of COVID-19. The findings are based on an analysis of transaction data from the LexisNexis Digital Identity Network, which processed 47.1 billion transactions in 2020.
The report found that there was a huge decrease (184 million) in the number of cyber attacks initiated by humans. However, that decrease was offset by the increase (100 million) in bot attacks, many of which originated in the United States and many of which targeted the e-commerce sector, which had an attack rate of 2.7 percent for payments via mobile apps … .
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