The fraud industry, in some respects, grew in the first quarter of the year, with crooks putting more human resources into some attacks while increasingly relying on bots to carry out things like credential stuffing and fake account creation.
That's according to Arkose Labs, which claimed in its latest State of Fraud and Account Security report that one in four online accounts created in Q1 2022 were fake and used for fraud, scams, and the like.
The biz, which touts device and network defense software, said it came to this conclusion after analyzing "billions of sessions ... across our global network" during the first three months of the year. These sessions apparently spanned account registrations, logins, and interactions with financial, ecommerce, travel, social media, gaming, and entertainment services. Take all these numbers with a grain of salt as ultimately Arkose wants you to buy its stuff to prevent all this kind of crime.