Half of Customer Signups Are Now Fraudulent

Okta reports that more than 46% of new customer registrations are fraudulent attempts driven by bots. This alarming statistic highlights the growing challenge of identity verification in digital platforms, as organizations face increasing threats from automated attacks. With such a significant portion of sign-ups being fraudulent, businesses must enhance their security measures to protect against these cyber threats. To learn more about combating bot-driven fraud and securing customer registrations, dive into Okta's latest findings and recommendations. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: Cybersecurity