Dark Effects of Bot Attacks that Drive 73% of Internet Traffic

siteadmin November 19, 2023

The cybercrime economy is predicted to reach $10.5 trillion by 2025, driven by malicious activities such as bot abuse and other frauds, according to Arkose Labs’ report. This includes advanced bot attacks emulating human behavior, fake account creation, payment fraud, and account takeover attempts. Cybercriminals are increasingly targeting the financial sector and dating sites, using Generative AI for content generation and escalating cyber attacks via DIY Fraud, also known as cybercrime-as-a-service (CaaS).