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LexisNexis Risk Solutions has released its annual Cybercrime Report, revealing a 19% increase in global human-initiated digital attacks in 2023. Human-initiated attacks surged by 40% in volume, while automated bot attacks increased by 2%. The report highlights a significant rise in eCommerce attacks, particularly through account takeovers, with the attack rate at login increasing by 119% YOY. The study identifies cybercriminals operating from remote scam centers in Southeast Asia. Regulatory changes and advanced bot detection technologies are being used to combat these threats.

LexisNexis Risk Solutions has rebranded its vital records management platform from LexisNexis Database Application for Vital Events (DAVE) to VitalIQ. This change coincides with enhancements aimed at increasing efficiency and reducing the workload for vital records agencies. Since 2005, LexisNexis's VitalChek has led the industry by assisting 16 U.S. states in managing vital records, including births, deaths, marriages, and divorces. VitalIQ integrates with VitalChek.com, automating records issuance to allow staff to focus on critical tasks. The platform offers customizable modules, user access controls, and administrative tools, ensuring data security and efficient service. CEO Haywood Talcove emphasized that VitalIQ reaffirms LexisNexis's commitment to innovation and excellence in data management.

The LexisNexis Insurance Demand Meter indicates U.S. auto insurance shopping activity rose by 2.9% year-over-year in Q1 2024, down from 4.7% in the previous quarter.

New policy growth was strong, showing an 8.7% year-over-year increase. Consumers continue to switch insurers, with 42% of insured households shopping in the past year.

Consumers loyal for over 10 years now make up 24% of shoppers. Older shoppers and tax refunds contributed to higher shopping rates during Q1 2024. Insurers are recommended to enhance retention strategies to maintain profitability, especially with a potential slowdown in Q2 2024.

Fewer large rate increases may change traditional shopping behaviors, and insurers focusing on acquiring and retaining profitable business could gain market share.

LexisNexis Risk Solutions has been recognized as a Category Leader in both Transaction Screening and Adverse Media quadrants by Chartis Research in its 2024 report. The evaluation included 36 transaction screening solutions providers and 30 adverse media monitoring solutions providers. LexisNexis Risk Solutions’ Firco™ Continuity, a real-time transaction screening tool, ensures regulatory compliance and was highlighted for its comprehensive capabilities. The WorldCompliance™ Data product, which aggregates information from over 30,000 sources, was also acknowledged for its efficacy in profiling entities involved in illicit activities. These recognitions highlight the company's commitment to delivering critical data and insights to mitigate regulatory and reputational risks for its clients.

LexisNexis Health Equity and Inclusion Insights has been awarded the 'Best Healthcare Big Data Solution' in the 8th Annual MedTech Breakthrough Awards program. The solution provides actionable data on social drivers of health, helping healthcare providers and researchers understand patients' environments and integrate insights into care plans. This recognition highlights the impact of the solution in improving care access and outcomes for underserved populations.

WEPACK 2024, organized by RX (China), successfully concluded, showcasing the global packaging industry's vitality with 1200+ exhibitors, 57,876 visitors, and 50 conferences. The event witnessed international appeal, collaborations, and future bookings for WEPACK 2025.