Skip to main content

Recent stats on bot attacks

rising bot attacks

The data below demonstrate how important it is for businesses to prioritize and fortify their defenses against bot attacks.

  • Simple bots are still a challenge for businesses across the world. A study from DataDome tested 14000+ popular domains and found that 65% of websites are unprotected against simple bot attacks while around 95% of advanced bots go undetected on websites. Ecommerce, health and luxury industries are among the least protected by bot threats.
  • Recently, ecommerce organizations are concerned of  web scraper bots. These bots scrape all the public data and content from a website. Along with AI, they can not only collect data, but also extract and process it. Akamai researchers have found that 65% of bot traffic on ecommerce sites were from the malicious bots.
  • Bot mitigation report from Kasada observed that 98% of companies attacked by bots in the last year lost revenue as a result. 57% of companies are increasingly concerned of AI driven threats resulting in complex attacks with increased frequency. Majority of companies are allocating maximum budget to ongoing management and remediation as opposed to the bot management solution itself.
  • Report from Imperva reveals that bad bots now comprises of nearly one-third of all traffic across the globe. Countries targeted mostly by bot attacks include United States, Netherlands and Australia. From 2019 to 2023, bad bot traffic has steadily increased reaching 32% of total internet traffic in 2023.
Read more on fraud landscape in 2024 here

Comments

Popular posts from this blog

Overview of Ticket Scalping

In the world of live events, ticket scalping has become a significant issue, affecting both genuine fans and the event industry as a whole. What is ticket scalping? Ticket scalping refers to the practice of purchasing tickets for events such as concerts, sports games, and theater shows and then reselling them at a higher price. This practice often results in genuine fans missing out on tickets or having to pay inflated prices. How it works? It involves the rapid purchase of tickets as soon as they are released. Scalpers use automated tools known as bots to bypass purchasing limits and secure large quantities of tickets. These tickets are then sold on secondary markets at remarkably higher prices, exploiting the high demand for popular events. Types of scalper bots: Spinner bots: These bots are designed to refresh ticketing websites repeatedly until tickets become available. They can quickly complete the purchase process, often faster than a human can. Harvest bots: These bots collect...

What is chargeback insurance?

Chargeback insurance is a type of coverage designed to protect businesses from the financial impact of chargebacks. A chargeback occurs when a customer disputes a transaction and the funds are returned to them by their bank or credit card company. This can be a costly issue for merchants, as they not only lose the sale but may also incur additional fees. How chargeback insurance works? When a customer disputes a transaction, the merchant's bank reviews the claim. If the dispute is deemed valid, the bank reverses the transaction, returning the funds to the customer. Chargeback insurance helps mitigate this risk by reimbursing the merchant for the lost revenue and associated fees. Essentially, it acts as a safety net, ensuring that businesses are not left financially vulnerable due to chargeback disputes. What chargeback insurance covers? Disputed transactions: Covers the cost of transactions that are reversed due to customer disputes. Fraudulent charges: Provides reimbursement for t...

Rising auto insurance fraud in 2024

Auto insurance fraud is a serious issue that affects both insurance companies and policyholders. It involves deceptive practices aimed at obtaining financial gain from insurance policies. It is any act committed with the intent to obtain an improper payment from an insurer. Common types of auto insurance scam includes: False Claims: Policyholders may file claims for accidents that never occurred or inflate the extent of damage. Staged Accidents: Fraudsters deliberately cause accidents to claim insurance money. Application Fraud: Providing false information on insurance applications to obtain lower premiums. Phantom Passengers: Claiming injuries for passengers who were not actually in the vehicle during an accident. Exaggerated Claims: Overstating the cost of repairs or medical expenses. Ghost Vehicles: Claiming insurance for a vehicle that doesn't exist or is not owned by the claimant. Consequences of auto insurance fraud: Increased Premiums: Fraudulent claims lead to higher insura...