Account takeover (ATO) fraud is on the rise, and it can be devastating to consumers and businesses. Consumers inevitably face high out-of-pocket costs in hundreds or thousands of dollars and spend countless hours trying to resolve an attack. At the same time, an ATO experience can severely damage your business’s reputation, since almost 50% of consumers say they hold online brands responsible for protecting them against online fraud and theft.
It’s clear that account takeover fraud is good business for criminals, but a bad deal for brands. Download the insight guide, which contains helpful information on account takeovers and how to prevent them, such as:
- How fraudsters perpetuate account takeover fraud using a variety of access points, including phone, online and in-person
- Why phone numbers are more vulnerable than ever
- How you can deter criminals using device authentication
