Trends in Account Takeover Fraud: The Era of the Industrialized ATO Attack
ATO fraud has been a growing concern for many fraud leaders across the industry for the past few years, and for good reason. It is a peculiar and particularly unsettling form of attack, and one that has evaded a standardized definition. It’s become increasingly clear just how difficult it is to accurately detect and prevent these attacks, especially when the adversaries have so many resources with which to overcome the fragmented and disconnected identity proofing controls most financial institutions rely on as countermeasures.
Join Aite Group senior analyst Trace Fooshee as he discusses how recent shifts in ATO tactics are challenging financial institutions to reconsider conventional methods of mitigating these risks.
Key discussion points will include:
• The driving forces behind recent changes in ATO tactics
• Characteristics of recent shifts in tactics
• Considerations for how to adjust conventional approaches to mitigating ATO risk in the era of the industrial-scale attack
Clients of Aite Group's Fraud & AML practice can access the full webinar on-demand by logging into our website.
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