We, who tried to do things right by creating an appealing platform to bring in customers, are being left behind. We are competing with bots, both those designed for positive purposes and those intended for malicious purposes. Unfortunately, we have lost the internet to AI-driven bots as of 2024

With the rise of AI, automated processes have taken over web traffic. Bots are automated processes designed to interact with you, sending notifications or engaging in malicious activities. Bad bots now account for approximately 50% of web traffic.

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It's important to remember that not all bots are harmful. Good bots, or helpful bots, play a crucial role in aiding processes such as search engine optimization, content aggregation, and methods for organizational efficiency. They help index pages, facilitate transactions, and explain processes, contributing to the positive side of bot technology.

Bad Bots and chatbots steal passwords, crash websites, and mimic people, producing fake clicks, click fraud, ad fraud, scraping data, sending spam, spreading malware, hacking, spamming, spying, interrupting, boosting engagement on social media content, and attempting to engage in perfectly normal conversations with us.

The Cybercrime economy is estimated to be worth $10.5 trillion by 2025.

Businesses are facing a significant threat from bot attacks, which are essentially cyberattacks. These attacks result in an annual loss of over $ 10 billion, a staggering figure that should concern us all. We must take action to protect our businesses from these threats.

Top Five Targeted Industries

Technology 76%

Gaming 29%

Social Media 46%

E-commerce 65%

Financial services 45%

These organized fraud farms, located in Brazil, India, Russia, Vietnam, and the Philippines, have mastered the art of mimicking human behavior and evading detection.

Unfortunately, the situation is only set to deteriorate. As we invest more energy and resources into creating platforms, we must remain vigilant and take proactive measures against these threats. We must contend with malicious actors from all corners of the globe who are determined to disrupt productivity and American enterprise. Our awareness and action are key to combating these threats.

The entire apparatus of fraudulent characters creates a bureaucratic bog on our productive efforts. Their activities create a negative drag on the economic engine of the American enterprise, and act to syphon off valuable time and capital of the people.

Here's the file "Breaking-Bad-Bots-Bot-Abuse-Analysis-and-Other-Fraud-Benchmarks.pdf" for your review.

https://acrobat.adobe.com/id/urn:aaid:sc:VA6C2:eee6a176-9fa8-4254-b337-1ef37ef9cfca