TransUnion, which has analyzed billions of transactions, confirms that the COVID-19 pandemic has also affected the digital world big time, fraud against companies has increased 46% since the pandemic started.
The pandemic caused fraud against companies to increase by 46%
The task of staying safe has become more complicated during the pandemic season. A study by TransUnion, which has been analyzing data since the declaration of the health crisis, reveals that cybercriminals stepped up their activity against companies.
By industry, the levels of online fraud are especially noteworthy among telecommunications companies, financial services, gambling, betting, and travel sectors.
Fraud against companies worldwide grew by 46% and 24% of these attacks are related mainly due to phishing campaigns against consumers. Also, card fraud, identity theft policy violation cases were detected.
The pandemic caused by COVID-19 and the acceleration in the adoption of digital usage patterns among the entire population due to confinement were a real spearhead for attackers.