Data breaches occur daily. You see it daily in the news. According to PrivacyRights.org 471 Million records have been breached in 2018 alone; 10Billion records since 2005. And these are just the reported data breaches. As a result, account origination and account takeover attacks are on the rise and becoming more and more sophisticated. It is incredibly difficult to truly know your customer tell the difference between them and a fraudster.
The large amount of breached data has contributed to the automation of attacks which makes it easier for fraudsters to execute large scale coordinated attacks that can results in massive losses. Advancements in machine learning and user behavior analytics can greatly help merchants fight back but understanding how and when to best use these powerful tools can be complicated.
It is imperative to understand what account takeover attacks look like in 2018, the warning signs and best practices to prevent these attacks.
Register today to join Julie Conroy, research director from Aite Group and Jeff Wixted, vice president of product and operations from Accertify as they explain the ins and outs of these emerging threats and will:
- Provide attendees an overview of Aite Group’s latest research on ecommerce account takeover attacks
- Discuss the latest attack techniques – complex phishing attacks are no longer the only threat. There are several new regulations and government procedures that can actually contribute to the sophistication of these new attack vectors.
- Demonstrate best practices for stopping these attacks, showcase what the largest merchants are doing to fight back to protect their customers and their brand.