Account takeover fraud (ATO) is at an all-time high, bleeding billions of dollars from financial institutions and their customers every year.
Are you prepared to detect and help prevent account takeover fraud in real time? Bad actors have a variety of weapons at their disposal, which makes effective protection a challenge. To make matters worse, legacy fraud management solutions are falling short of accurately evaluating the risk.
With the right multi-layered security approach, financial organizations can help prevent account takeover fraud and secure customers at every stage of their digital journey. This guide outlines the best practices approach to help prevent account takeover fraud with proven technologies such as machine learning-based risk analytics.
Download this guide to learn:
- The top 6 techniques that lead to ATO attacks and how to defend against them
- Key capabilities to look for in a modern, risk-based fraud prevention solution
- How to help prevent attacks on the login process, unauthorized creation of new payees, and suspicious funds transfers
- Why real-time, cross-channel data analysis can save your customers from becoming the next victim
OneSpan enables financial institutions and other organizations to succeed by making bold advances in their digital transformation. We do this by establishing trust in people’s identities, the devices they use, and the transactions that shape their lives. Learn more at www.onespan.com.