Due to the potential financial losses, recovery, and mitigation efforts involved, ATO is one of the top threats to financial institutions and their individual and business customers, as shown in the stats below: The FBI estimates that Account Takeover Fraud (ATO) have cost businesses$12.5 billion...
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Activity from new or unknown devices can indicate that an account has been compromised, or that a fraudster is attempting to login with stolen credentials. Similarly, multiple devices logging in to a single account can also signal that the account is under attack by criminals. Suspicious email ...
Similarly, a bad actor may seek access to an online banking portal in order to transfer funds or to harvest enough PII to use elsewhere – for example, at another financial institution to apply for a loan under a stolen identity. ATO is a problem in most industries that do business online...
Similarly, a bad actor may seek access to an online banking portal in order to transfer funds or to harvest enough PII to use elsewhere – for example, at another financial institution to apply for a loan under a stolen identity. ATO is a problem in most industries that do business online...