RE Eye


How to Prevent Account Takeover Logins

How to Prevent Account Takeover Logins

Account takeover (ATO) fraud is a multi-faceted cybercrime that often goes undetected because hackers are able to blend multiple tactics into their attack strategies. It’s critical to understand the different ways criminals infiltrate accounts and how you can stop them.

Detecting prevent account takeover logins is an effective first step in preventing ATO. This includes unexpected password resets, email address updates, and alterations to billing information. These signals can trigger heightened authentication requirements to prevent unauthorized access, while streamlining the login experience for legitimate users.

Another key sign of ATO is a sudden increase in transaction disputes. Fraudsters frequently use stolen credit and debit cards in order to generate higher chargeback rates. In turn, this can lead to a loss of business as customers abandon the brand.

Account Opening User Verification Service: An Overview

ATOs occur through a variety of methods, including malware infection and brute-force attacks. The latter involves automated scripts that systematically try password combinations until they get the right one. Creating strong, unique passwords and enabling MFA for all accounts are important steps to prevent ATOs. In addition, ensuring that all devices are up-to-date with security software can help reduce the risk of hacking and malware infection.

ATOs are not limited to financial accounts, and hackers are now targeting retail, travel, loyalty programs, and even government benefits like Medicare. ATOs can also cause an increase in churn for online businesses as customers lose trust in the brand. Nearly a third of consumers will discontinue engaging with a company if they believe their accounts have been compromised.

Leave a Reply

Your email address will not be published. Required fields are marked *