April 21, 2018 — 40% of all account access attempts are high-risk
Ryan Wilk, VP at NuData, comments on a report issued yesterday by Global Banking and Finance Review disclosing details of recent statistical analysis of collected client data, and the collected results regarding fraud.
As data breaches continue to break records year over year, more and more PII becomes readily available for fraudsters to access on the dark web. With the password and credential reuse, and the wealth of available credentials, it is not surprising that we have seen such a stark increase.
For the complete article, go here.