Before COVID-19, fraudsters largely operated in line with the standard workweek, active between 9 am – 5 pm and tapering off at the weekends. Then, during the pandemic, fraud started to spike at off-peak times, including late at night and on weekends.
This suggests that fraudsters started to intentionally target businesses when staff weren’t manning the systems, or that they started viewing it as more of an opportunistic or recreational activity.
