"Cybercriminals Use Proxies to Legitimize Fraudulent Requests"

According to HUMAN, a global leader in protecting enterprises by disrupting digital fraud and abuse with modern defense, bot attacks were viewed as a relatively insignificant type of online fraud, and that thinking has remained even as threat actors can now inflict major damage to revenue and brand reputation. Even as people spent less time online, bad bot traffic grew overall. Legitimate human traffic decreased by 28 percent, but bad bot traffic surged by 102 percent, meaning that the percentage of bad bots in total traffic has climbed even faster. The number of automated attacks has increased. Three common types of bot attacks on web applications increased year over year. Carding attacks increased 134 percent, account takeover attacks increased 108 percent, and scraping increased 107 percent. Certain industries were more vulnerable to bot attacks than others. Bad bots accounted for 57 percent of traffic to online businesses in the Media and Streaming industry. Just under half of traffic to organizations in the Travel and Hospitality (49 percent) and Ticketing and Entertainment (46 percent) industries were automated. This article continues to discuss key findings from HUMAN's 2023 Enterprise Bot Fraud Benchmark Report

Help Net Security reports "Cybercriminals Use Proxies to Legitimize Fraudulent Requests"