Financial Fraud Rising: Key Strategies to Combat Sophisticated ATO Attacks

As criminals up the ante in the cybercrime arms race, it is important for firms to leverage equally sophisticated countermeasures.

Boston, October 8, 2020 Within a short period of time, the global pandemic has dramatically shifted the way commerce is transacted. The online and mobile channels for banks and retailers alike are seeing sharp increases in transaction volume as face-to-face commerce shifts to the digital channels. This increases the attack surface for the organized crime rings that have long been targeting these channels with advanced automated tactics. It also heightens the urgency of deploying technology that can detect sophisticated credential stuffing and API attacks while not unduly burdening the user experience.

This Impact Brief, sponsored by F5, discusses the myriad challenges risk executives face as they seek to address the escalating threat environment while at the same time ensuring a seamless customer experience. It then discusses the solutions available to help strike this balance.

Clients of Aite Group’s Fraud & AML service can download this nine-page Impact Brief. To learn more about the topic covered in this Impact Brief, please contact us at [email protected].

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