LexisNexis Risk Solutions recently released its biannual Cybercrime Report covering July 2020 through December 2020, which details how the evolving threat landscape created new opportunities for cybercriminals around the world, particularly as they targeted new online users. Analysis shows that the under 25 age group is most vulnerable to fraud attacks while the oldest age group is second most vulnerable and loses the most money. The stark risk at both ends of the age spectrum emphasizes the importance for companies to protect both new-to-digital and vulnerable customers when transacting online in 2021. The report also provides a full year review which highlights how 2020 saw an overall decline in human-initiated attacks, while bot attacks accelerated.

Press release: https://risk.lexisnexis.com/about-us/press-room/press-release/20200223-biannual-cybercrime-report

The LexisNexis Risk Solutions Cybercrime Report: https://risk.lexisnexis.com/insights-resources/research/cybercrime-report

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Show Notes: https://securityweekly.com/esw218