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When LexisNexis Risk Solutions published its first Cybercrime Report in 2014, mobile transactions comprised just 25% of total transactions in the company’s Digital Identity Network. By the second half of 2021, that percentage had spiked to 75% – and a rise in mobile fraud came along for the ride, according to the latest Cybercrime Report that analyzed transaction data from July to December of last year.

The global volume of human-initiated attacks on individual online transactions, which typically return full digital identity profiling data, increased for the first time since 2019 in the second half of 2021, growing by 46% year-over-year. Sixty percent of human-initiated online attacks took place on mobile devices versus 40% on desktop, with the percentage of human-initiated attacks coming from mobile devices increasing 9% year-over-year. What’s more, the human-initiated mobile app attack rate shot up by 59% year-over-year, the report found.

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Natasha Chilingerian

Natasha Chilingerian has worked in the credit union space for over a decade. She joined CU Times as managing editor in 2015 and was promoted to executive editor in 2019. Before that, she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union) in Los Angeles from 2013-2015, and as a CU Times freelancer from 2011-2013. She has been a professional writer and editor for more than 17 years, specializing in news and lifestyle journalism as well as marketing copywriting for companies in the finance and technology space.

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