First-Party Fraud Surpasses Scams to Become the Leading Form of Global Attacks

Key vulnerabilities Key vulnerabilities Account takeover (ATO) fraud – fuelled by phishing and smishing activity – represents a further 27% of global reported fraud (down by ~2% year on year), while scams, including authorised push payment (APP) fraud, represent 11% of cases (down from 16% of cases in 2023). The report also found one in nine (11%) password reset attempts in 2024 was a fraud attack, rising to over one in four (27%) reset attempts initiated on a desktop computer. "These...

LONDON, 13/05/2025 (informazione.news - comunicati stampa - information technology)

Account takeover (ATO) fraud – fuelled by phishing and smishing activity – represents a further 27% of global reported fraud (down by ~2% year on year), while scams, including authorised push payment (APP) fraud, represent 11% of cases (down from 16% of cases in 2023). The report also found one in nine (11%) password reset attempts in 2024 was a fraud attack, rising to over one in four (27%) reset attempts initiated on a desktop computer.

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After two years of substantial increases in overall global[1] attacks, the latest Cybercrime Report finds that rates began stabilising in 2024, with only a marginal (1%) increase in the human attack rate and a 15% decrease in global bot attacks – algorithms designed to break into customer accounts using stolen credentials. However, LexisNexis Risk Solutions believes this relatively calm global picture may obscure underlying signs of a coming storm powered by AI.

The attack rate on Communication, Mobile and Media (CMM) companies increased by 15% year on year and global Financial Services firms saw an 18% uplift in automated bot attacks.

Attack rates also vary at a regional level:

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: The LexisNexis Risk Solutions Cybercrime Report analyses over 104 billion transactions through its LexisNexis Digital Identity Network between January and December 2024 . It identifies fraud attempts during near real-time analysis of consumer interactions across the online journey, from new account creations, logins and payments to non-core transactions such as password resets and transfers.

LexisNexis Risk Solutions harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe. Headquartered in metro Atlanta, Georgia , we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit LexisNexis Risk Solutions and RELX.

Media Contact:
Mike Normansell
Mike.normansell@lexisnexisrisk.com
07743899948

The attack rate is the volume of high-risk transactions detected, expressed as a percentage of the overall volume of transactions in the network.

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