When Fraud Pays off: 4 Trends that Lead to Profitable Attacks - APAC

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Presented by

Brett Johnson - Chief Criminal Officer; Julianne Rose - Sr Manager Product Marketing at Arkose Labs

About this talk

With the ROI for cyberattacks being higher than ever, fraudsters have been investing more energy into the right mix of tools and resources in order to make a profit. These efforts threaten an organization’s reputation, the trust it has built with its customers, and ultimately, its bottom line. Arkose Labs analyzed billions of transactions across our global network to uncover last quarter’s top fraud attack patterns businesses need to monitor to keep users protected. Join Julianne and Brett to learn things like: - Which attack types were the most prevalent and what it means for consumers and enterprises alike - Why fraud “employment” nets fraudsters higher monthly incomes than CEOs at leading companies - How bot attacks have evolved in complexity, leading to a 60% increase in scraping attempts from Q4 - What industries fraudsters target the most due to the potential ROI
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The mission of Arkose Labs is to create an online environment where all consumers are protected from online spam and abuse. Recognized by G2 as the 2023 Leader in Bot Detection and Mitigation, with the highest score in customer satisfaction and largest market presence four quarters running, Arkose Labs offers the world's first $1M warranties for credential stuffing and SMS toll fraud. With 20% of our customers being Fortune 500 companies, our AI-powered platform combines powerful risk assessments with dynamic threat response to undermine the strategy of attack, all while improving good user throughput. Headquartered in San Mateo, CA, with offices in London, Costa Rica, and Brisbane, Australia, Arkose Labs protects enterprises from cybercrime and abuse.