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The Q1 2020 Digital Fraud Trends Report is Now Available

“The State of Sophistication in Fraud” features expert insights from industry leaders and draws on exclusive data and research to provide actionable strategies for detecting and defeating sophisticated digital threat attacks.

By Christopher Watkins January 15, 2020

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about Christopher Watkins
Christopher Watkins is Senior Creative Writer at DataVisor. He brings 15+ years of writing, editing, and strategy experience to his role. He was previously Senior Writer and Chief Words Officer at Udacity. He holds an MFA in Creative Writing from the University of Southern Maine.

Today, DataVisor is pleased to announce the release of our new Q1 2020 Digital Fraud Trends report, “The State of Sophistication in Fraud.” 

DataVisor Q1 2020 Digital Fraud Trends Report - The State of Sophistication in Fraud

Drawing on a year’s worth of proprietary data and exclusive research, and featuring expert perspectives and predictions from industry leaders on the threats we can expect to be battling in 2020, the report offers actionable strategies for detecting, decoding, and defeating even the most sophisticated digital fraud attacks. 

The report leads off with an Executive Insight co-authored by DataVisor’s founders, Drs. Yinglian Xie and Fang Yu. In their roles as CEO and CTO, respectively, they speak to the significance and value of the report in the context of changing times and vital objectives:

“We stand today at the beginning of a new decade. Behind us are the lessons of the past, and ahead are the possibilities of the future. We recognize this as a unique opportunity to make meaningful decisions that will shape the future of enterprise growth, customer experience, and risk mitigation for the coming ten years, and beyond.”

As they note in their closing words, “defeating sophisticated fraud is not easy. The process begins with understanding the concept itself, and this is precisely where our report begins.” 

Our goal in producing this report was to give enterprises the knowledge necessary to meet the challenge of sophisticated digital fraud head-on. Any organization doing business in today’s digital economy is vulnerable, and the pressing question is, can your business react in real time to a sophisticated digital threat attack? The scale will be massive, the speed unprecedented, and the potential damage incalculable. Will you be ready? We want to ensure you are.

Our report proceeds on the assumption that sophisticated attacks require sophisticated tools, and that preventing fraud while protecting customers is mandatory for business survival. To that end, “The State of Sophistication in Fraud” offers detailed analysis of the tactics fraudsters deploy in sophisticated digital threat attacks, and a deep dive into the anatomy of fraud attacks and how to stop them.

The State of Sophistication in Fraud - Fraction of Attacks - DataVisor

Above all else, the most important takeaway from this report should be the clear need for proactive, early detection strategies that enable holistic analysis of huge volumes of data in real time. Without these capabilities, it is virtually impossible to spot high-sophistication fraud attacks in time to prevent extensive damage from occurring. Fortunately, with these capabilities in place, businesses can power growth and deliver outstanding customer experiences, while simultaneously preserving safety and security and mitigating risk.

Download “The State of Sophistication in Fraud” today!


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