RSA Quarterly Fraud Report, Q3 2019

RSA Quarterly Fraud Report, Q3 2019

Free

Company Name : RSA

The report represents a snapshot of the cyber fraud environment across the globe, providing actionable intelligence to consumer-facing organisations of all sizes and types to enable more effective digital risk management.

Description

The RSA® Quarterly Fraud Report contains fraud attack and consumer fraud data and analysis from the RSA Fraud and Risk Intelligence team. It represents a snapshot of the cyber-fraud environment, providing actionable intelligence to consumer-facing organizations of all sizes and types to enable more effective digital risk management.

RSA-OBSERVED FRAUD ATTACK AND CONSUMER TRENDS

For the period starting July 1, 2019, and ending September 30, 2019, RSA observed several global fraud trends across attack vectors and digital channels. The highlights include:

  • Phishing accounted for 43 percent of all fraud attacks observed by RSA in Q3. Overall, phishing volume has increased 57 percent as compared to the same time last year.
  • Canada remained the top targeted country in Q3, and overall attack volume increased 45 percent from Q2. The Philippines also saw a spike in overall attack volume, increasing 43 percent.
  • Fraud and brand abuse attacks on social media accounted for 17 percent of all fraud attacks in Q3 and represents a 75 percent increase over the same time last year.
  • RSA recovered over 5.1 million unique compromised cards in Q3, and a total of more than 26 million since the start of 2019. Over 90 percent of compromised payment cards uncovered by RSA this year can be attributed to banks and consumers in just 15 countries.

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