Outseer Fraud & Payments Report Q2 - 2021

Digital transformation is re-shaping every aspect of our lives and digital transformation has been accelerating due to the Covid-19 pandemic. 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. Our most recent report presents an analysis of 42,000 global fraud attack and consumer fraud data collected by the Outseer research team. In Q1, the FraudAction team recovered +5.5M cards from online card stores and fraudster communication channels.

Get the report today to gather notable insights including:

  • 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 Q1, 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.

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