Arkose Labs revealed new data showing the impact of the rapidly evolving nature of online fraud. In the first half of 2020, the Arkose Labs network detected and stopped 1.1 billion attacks. This represents double the attack volume compared to the second half of 2019 and a 25 percent attack rate increase across all transactions. 

“The digital commerce landscape has fundamentally changed in 2020 due to the COVID-19 pandemic. With digital transactions surging, businesses are operating under intense pressure and incentive levels for fraudsters are sky high,” said Vanita Pandey, VP of Strategy at Arkose Labs. “Fraudsters have been quick to identify how consumers’ digital behavior is evolving, and are adapting their attack targets and tactics accordingly.”