UK the most attacked nation when it comes to fraud

The UK was the most attacked nation in the world in Q2 when it came to online fraud, with businesses there hit 50% more frequently than their US counterparts, according to the latest stats from ThreatMetrix.

The fraud prevention firm’s Digital Identity Network analyzed over three billion transactions globally during the period on behalf of 3000 customers and 15,000 websites to compile its latest figures.

They reveal UK firms to be more at risk from online fraud than anywhere else in the world.

ThreatMetrix senior director of strategy and product marketing, Vanita Pandey, argued that the figures reflect the fact that the UK is Europe’s financial capital and one of the world’s major business hubs.

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