Outseer, the recent spinout of the RSA Fraud & Risk Intelligence business unit is laser focused on protecting payments in our post pandemic era. Outseer leverages a science driven machine learning engine and a global consortium of data shared across customers and industries to help liberate the world from payments fraud. Since 2017, we have published a global quarterly fraud report.
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- The fastest growing attack vector is brand abuse attacks with a 58% increase from last quarter.
- Fraudsters are still leveraging the oldest trick in the book: Phishing. In Q2, 21% of attacks were Phishing
- EMV 3DS2 volumes (out of all 3DS volumes) saw Q/Q increases globally, but in the EU, we saw the most significant increase going from 16% to 35%, the result of EU PSD2 SCA requirements.