account takeover

Account takeover is a fast-growing form of identity theft. An account takeover (or ATO) is the malicious access of an online account, by a fraudster or bad actor, posing as a genuine customer, gaining control of an account, an making unauthorized transactions.
Intellicheck CEO: Identity Validation Needs Simplicity as Account Takeovers Spike
Intellicheck CEO: Identity Validation Needs Simplicity as Account Takeovers Spike
May 21, 2024  |  Identity

Staying one step ahead of the bad guys is becoming more difficult by the day for financial services companies. For example, identity verification is a...

READ MORE >
Data Prevents Merchants From Falling Victim to Refund Abuse
Data Prevents Merchants From Falling Victim to Refund Abuse
April 26, 2023  |  Cybersecurity

Today’s sophisticated cyberfraud landscape requires constant vigilance by merchants against the ever-present threat of bad actors. As companies take crucial steps to update their prevention...

READ MORE >
PYMNTS Intelligence: Fighting Check and Payment Platform Fraud
PYMNTS Intelligence: Fighting Check and Payment Platform Fraud
June 06, 2022  |  Fraud Prevention

Digital payments are taking the world by storm, with their total transaction value expected to hit $8.5 trillion by the end of this year. Gone...

READ MORE >
First Tech Federal Credit Union On Preventing ACH And Check Fraud
First Tech Federal Credit Union On Preventing ACH And Check Fraud
June 03, 2022  |  Fraud Prevention

Digitizing payments has increased ease of use and transaction volumes, but both check and ACH fraud are still commonplace. In this month’s "Digital Fraud Tracker,"...

READ MORE >
Fraud Execs Say ACH and Check Fraud Pose Ongoing FI Threat
Fraud Execs Say ACH and Check Fraud Pose Ongoing FI Threat
June 02, 2022  |  Fraud Prevention

Digital payments are quickly becoming the new normal, but there is still a sizable contingent of consumers that prefer cash or paper checks. A recent...

READ MORE >
How Chipotle Is Protecting Its Mobile-First Diners From ATO Attempts
How Chipotle Is Protecting Its Mobile-First Diners From ATO Attempts
June 24, 2021  |  Mobile Order Ahead

Quick-service restaurants (QSRs) face a conundrum: They must safeguard their mobile ordering platforms against account takeover fraud without letting fraudsters know the gig is up....

READ MORE >
Deep Dive: How Multifactor Authentication Can Help Counter Mobile Ordering Fraud Schemes
Deep Dive: How Multifactor Authentication Can Help Counter Mobile Ordering Fraud Schemes
May 19, 2021  |  Mobile Order Ahead

Mobile ordering has taken off over the past year as restaurants have been forced to shut their doors and later limit their capacities, yet the...

READ MORE >
Deep Dive: How Dark Web Marketplaces Fuel Fraud And How Merchants Can Fight Back
Deep Dive: How Dark Web Marketplaces Fuel Fraud And How Merchants Can Fight Back
May 14, 2021  |  Fraud Prevention

Bad actors leverage a bewildering variety of schemes, including ATOs, credential stuffing and phishing, against merchants. What all of these attack vectors have in common...

READ MORE >
Slice Keeps Fraudsters From Getting A Piece Of The Data Pie
Slice Keeps Fraudsters From Getting A Piece Of The Data Pie
May 12, 2021  |  Fraud Prevention

Phishing, account takeovers (ATOs) and other types of fraud are endemic in the retail industry, especially as more merchants migrate online during the pandemic, and...

READ MORE >