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.
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...

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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...

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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,"...

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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...

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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....

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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...

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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...

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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...

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Radius Bank’s Approach To Collective Intelligence In Fraud Prevention
Radius Bank’s Approach To Collective Intelligence In Fraud Prevention
July 22, 2020  |  Fraud Prevention

Call it the great tug-of-war. Fraudsters are teaming up to form elaborate rings that work in sync to launch account takeovers. But to beat highly...

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