The architecture of an attack: NuData breaks down account takeover attacks
January 15, 2020 — Looking back at the holiday season, merchants faced a timeless struggle: stopping fraudsters.
While dealing with fraud is a challenge year-round, the holiday season makes it even more difficult.In November and December, people shop more to prepare for the holidays, causing eCommerce volumes to rise. Aware of the uptick in volume, criminals launch attacks, trying to take advantage of merchants who are struggling to keep up with all the traffic.
“It’s safe to assume that nearly every consumer in the United State has had their data stolen in some way, shape, or form over the past five to ten years. With vast amounts of PII floating around on the internet, it’s only a matter of time before that data is used to attempt to login to any valid account. “
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