This approach leaves them woefully vulnerable to attacks. Many businesses are vulnerable to bot fraudĪccording to Forrester Consulting’s State Of Online Fraud And Bot Management, 78% of organisations are using denial-of-service (DDoS) protection, web application firewall (WAF), and/or content delivery networks (CDNs) to manage bots but only 19% have a full bot management system in place. If it were measured as a country, cybercrime - which was predicted to inflict damages totalling $6 trillion USD globally in 2021 - would be the world’s third-largest economy after the US and China. Source: Help Net Security ), growing at 41% per year. To highlight the size of the problem, there were in excess of 57 billion bot-initiated attacks in human-initiated financial services processes in 2021 (this is believed to be an underestimate. It can easily be defeated.īad bots continue to consume resources and overwhelm organisations, accounting for at least a quarter of all internet traffic and disrupting processes.
Google’s reCAPTCHA is hailed as a simple solution against bots, spam and other internet abuse but it’s not a failsafe.