Q1 2018 Cybercrime Report

Q1 2018 Cybercrime Report

Cybercrime was almost omniscient in 2017; leaning heavily on military buzzwords, global headlines captured the public’s imagination with accusations of cyberespionage and the escalating cyber arms race. 2017 certainly seemed to represent a shift in both attack methods and criminal motivation.

The ThreatMetrix Cybercrime Report: Q1 2018 is based on actual cybercrime attacks from January – March 2018 that were detected by the ThreatMetrix Digital Identity Network (The Network) during real-time analysis and interdiction of fraudulent online payments, logins and new account applications.

Trends observed are representative of key market trends:

• 210 million attacks were detected and stopped in real time; a 62% increase over the previous year.
• The anatomy of bot attacks continues to shift and morph; transactions from several new and emerging economies such as Vietnam, Egypt, South Korea, Ecuador and Ukraine are very likely to be bots, and contribute significantly to the overall bot
volumes seen globally.
• 60% of all account creations are now done on a mobile device, indicating the
increased role of mobile as the key enabler across the entire customer journey.

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