Wednesday, Feb. 16, 2 p.m. EDT
What is this webinar about?
Account takeover attacks are the fuel that powers the wider financial fraud ecosystem. After compromising a financial account, attackers can steal and resell personal information, drain money from the account, make purchases, commit loan fraud, and a whole host of additional downstream attacks. It’s probably not surprising then that there have been 15 billion accounts compromised over the last year, which averages out at a staggering 475 ATO attacks per second.
In this session, we will take a deep dive into the various steps of account takeover fraud. Key takeaways for the audience include an analysis of the economics that fuel attacks, the different routes to monetization, and how both sophisticated bots and humans are used in launching attacks. We will also share best practices for successfully identifying and stopping ATO attacks before they affect your business and your customers, as well as proprietary data from the Arkose Labs network.
In this webinar, we will be discussing the following areas:
- Why account takeover attacks are so costly for financial firms and fintech
- How fraudsters profit from ATO attacks
- How financial institutions and fintechs can detect and stop sophisticated ATO attacks
John has been in the communications industry since graduating from Creative Communications at Red River College in Winnipeg in 1992. He launched one of Canada’s first digital-only local news sites called Winnipeg First in 2007, which led to a long stint as a digital editor with the Winnipeg Free Press. In 2012 he joined Bankless Times as the managing editor, later becoming president and CEO. He and the other co-founders of Bankless Media Inc. completed their sale and exit in August of 2021.
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