Fake New Account Registration Fraud Rose 70% in H1 2021
Whether it is fake new account registration – where fraudsters use stolen or synthetic credentials to create new digital accounts – or account takeover fraud, fraudsters are impersonating authentic users to abuse and monetize digital accounts. Our latest report revealed a surge in fake new account trends, with attacks reaching ... Read More
Strong Customer Authentication (SCA) + Arkose Labs = Fortified Payment Security
Strong Customer Authentication (SCA) is a mechanism to make payments more secure by building additional authentication into the checkout flow. However, it is no silver bullet and standalone cannot provide blanket protection to user accounts. Businesses need fraud solutions that can supplement defenses by monitoring entry points and deterring bad ... Read More
The New Face of Fraud is Supplementing Human-Driven Fraud
Human-driven fraud, where malicious humans engage in fraudulent activities, doubled in volume during Q1 2021 over the previous quarter. Technology platforms and Media companies were the worst affected by human-driven fraud at 40% and 32%, respectively. It is estimated that globally business lost nearly $42 billion to fraud in 2020 ... Read More
