Analyzes show that online fraud is now growing faster than online retailing

Cybercriminals have significantly expanded their e-commerce criminal activities around the world over the past year, Lexis Nexis Risk Solutions said in a report released Wednesday.

According to the annual cybercrime report by the US data security services provider, online shopping increased by a moderate 7% last year.

At the same time, the number of attacks on e-commerce transactions carried out by people, not software, increased much faster – by 59%.

This number refers to cyberattacks that cannot be linked to bots programmed by the attackers.

The authors estimate the overall increase in online attacks from humans at 19%. In addition to online trading, this also includes attacks on banking transactions or computer and Internet games.

The company’s own data from the Digital Identity Network, a platform for verifying customer data, was used for the analysis. According to Lexis Nexis Risk Solutions, 92 billion online transactions have been analyzed.

Most cyberattacks still occur in North America. The most common form, accounting for almost 29% of cases, is taking over an online account using stolen access data.

According to the authors, “scam centers” that develop fake fake websites and computer viruses have emerged in remote regions of Southeast Asia, such as the border regions of Myanmar and Cambodia.

According to Lexis Nexis Risk Solutions, these are also call centers staffed by customer service representatives who allegedly persuade victims to share their personal login information to online accounts.