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. Tools, such as AnyDesk, TeamViewer, AirDroid and AhMyth, are intended for remote working and troubleshooting. Cybercriminals use them to impersonate someone from a banking service’s support team and ask the intended… [Continue Reading]