One of the most significant threats to businesses today is account takeover fraud. Account takeover attacks occur when fraudsters use stolen login credentials to access a legitimate user's account. These attacks can have severe consequences for businesses, including financial losses, damage to brand reputation, and loss of customer trust.
Account takeover attacks are often difficult to detect because fraudsters may use the same login credentials that the legitimate user uses. Therefore, businesses must implement robust security measures to prevent account takeover attacks from occurring.
One effective solution is Account Takeover Detection. This solution uses advanced technologies to analyze user behavior and detect anomalies that may indicate fraudulent activity. For instance, if a user suddenly logs in from a different device or location, Account Takeover Detection can flag the account for further investigation.
By preventing fraud from happening with Account Takeover Detection, your business will:
•Protect brand image
•Reduce Customer Care escalations
•Decrease fraud losses