Young Adults, Seniors Over 75 Most Susceptible to Cyber Fraud: Report
The most vulnerable cybercrime victims are young adults and adults over 75, according to the latest research revealed in the LexisNexis Risk Solutions biannual Cybercrime Report.
Released Feb. 23, the report tracks global cybercrime activity from July 2020 through December 2020. The report reveals how unprecedented global change in 2020 created new opportunities for cybercriminals around the world, particularly as they targeted new users of online channels.
LexisNexis’ research found a 29 percent growth in global transaction volume compared to the second half of 2019. This growth came in the financial services (29 percent), e-commerce (38 percent) and media (9 percent) sectors. The number of human-initiated attacks dropped in 2020 by roughly 184 million, while the number of bot attacks grew by 100 million.