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.

Deep Dive: How Multifactor Authentication Can Help Counter Mobile Ordering Fraud Schemes

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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Deep Dive: Securing P2P Apps Against Scams And ATOs
Deep Dive: Securing P2P Apps Against Scams And ATOs
July 21, 2020  |  AML

A need for faster and easier ways to pay during the pandemic has quickly made peer-to-peer (P2P) payment apps popular among U.S. consumers. Consumers of...

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Visa Launches Advanced Identity Score To Help FIs Fight Application Fraud
Visa Launches Advanced Identity Score To Help FIs Fight Application Fraud
June 22, 2020  |  Payment Methods

It’s the battle against fraud that can be lost right at the beginning. Bad actors, are, increasingly, targeting online card applications, using stolen personally identifiable...

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Why Fraudsters Like ‘Delivery Attacks,’ And Why AI and ML Alone Won’t Stop Them
Why Fraudsters Like ‘Delivery Attacks,’ And Why AI and ML Alone Won’t Stop Them
May 19, 2020  |  Cybersecurity

The pandemic — and specifically, the lockdowns resulting from it — has spurred criminals to shift their cyber fraud schemes to exploit new avenues of...

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Digital Fraudsters Treat COVID As An Opportunity
Digital Fraudsters Treat COVID As An Opportunity
April 24, 2020  |  Cybersecurity

Incidences of account takeover (ATO) were up 347 percent and shipping fraud skyrocketed 391 percent, respectively, from 2018 to 2019, before anyone except virologists had...

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