One-in-50 online transactions was fraudulent in 2019

Two percent of transactions in online banking and online retail were carried out by fraudsters, and 16 percent of transactions were suspicious and required further investigation according to new analysis by Kaspersky. Based on anonymized statistics of events detected by Kaspersky’s anti-fraud solution from January to December 2019, the most common case of fraud (63 percent) was attempts to access personal accounts using malware or legitimate remote control software.

Read full article on BetaNews