Fraudsters Stay Close to Home

Nearly three-quarters (72%) of UK online fraud attacks over the past two quarters came from within the country, bucking a trend for cyber-criminals to focus their efforts on victims in different jurisdictions, according to ThreatMetrix.

The fraud prevention firm’s ThreatMetrix Cybercrime Report Q1 2015 draws on data generated by its Global Trust Intelligence Network, which analyzes over one billion transactions each month across 3000 customers worldwide.