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Fraud alert on laptop screen Source: Shutterstock

After assaulting financial services more than any other industry with fraud attempts during the first four months of 2021, cyber-criminals have shifted their focus to other industries, in particular travel, leisure and gaming, according to a TransUnion report released Wednesday.

Comparing the second quarter of 2020 to the second quarter of 2021, suspected global digital fraud attempts rose 393% for the gaming industry and 155.9% for the travel and leisure industry. The top types of fraud targeting the gaming and travel and leisure industries were gold farming and credit card fraud, respectively. The financial services industry saw an 18.8% lift in suspected digital fraud attempts globally during the same time period – a dramatic drop from the 149% increase reported by TransUnion when comparing the first four months of 2020 to the first four months of 2021.

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Natasha Chilingerian

Natasha has served as an editor for CU Times since March 2015. She also served as a communications specialist for Xceed Financial Credit Union (now Kinecta FCU) in Los Angeles from 2013-2015, and as a CU Times freelancer from 2011-2013. She has been a professional writer for more than 16 years, specializing in news and lifestyle journalism as well as marketing copywriting for companies in the finance and technology space.

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