By 2021, it is estimated that cybercrime will cost the global economy more than $6 trillion in damages, exceeding annual costs for natural disasters and the global drug trade. In a report released on Monday, Arkose Labs says it analyzed over 1.2 billion transactions including account registrations, logins and payments from financial services, e-commerce, travel, social media, gaming and entertainment industries, in real-time and found that one in 10 transactions are attacks, ranging from automated bots to malicious humans.

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