The report outlines major digital risk trends in 2023, highlighting a sharp rise in online fraud and phishing activity. Fraudulent resources impersonating legitimate brands grew by 304 percent, while phishing sites increased by 62 percent compared to 2021. Financial institutions remained the primary targets, accounting for most fraud and nearly a quarter of phishing attacks. Brands in the APAC and MEA regions saw substantial surges in impersonation. The report notes that automation has accelerated scam operations, allowing attackers to prepare and target victims in as little as ten minutes. It also covers key trends, forecasts, countermeasures, and global statistics related to digital risks.

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