ATO Detection
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ATO detection

ATO detection helps you detect account takeover (ATO) fraud in real time. It also allows you to proactively manage risk and protect your users.

ATO fraud is a growing threat to online financial institutions and their users. It’s a form of identity theft that’s incredibly lucrative for bad actors, but it’s also a huge security challenge for your organization.

Fraudsters constantly develop new ways to steal from accounts. One of their most popular attacks is credential stuffing, which automates login attempts by rolling through multiple password and username combinations.

It’s not just a cyber-security issue, though; it’s an opportunity for criminals to monetize stolen data, including credit card information and loyalty points. And with more and more people using online financial services, the potential for fraud is skyrocketing.

The Importance of Account Takeover Detection: How to Safeguard Your Business Against Cybercrime

Graph analytics, which analyzes networks and connections within your data, is a powerful tool for preventing ATO fraud. It allows you to see where a user’s activity is connected, and identify relationships between data points, such as a customer who uses PayPal but has a PayPal account on a different platform.

In addition, ATO detection can help you identify suspicious device use. For example, if you have a customer who accesses their account from South America and then 20 minutes later from Asia, this could be an indication that two separate users are logging into the same account with different usernames and passwords.

To prevent ATO fraud, it’s essential to have a strong and comprehensive ATO detection process in place. This can help you to spot risks early and avoid a costly breach. It also empowers you to keep your users safe by educating them about the threats of ATO and other types of identity theft.