When some institutions think of account takeover they think of chargebacks, fraudulent money movements, or rewards abuse, for example. But fraud doesn’t start with a chargeback; it begins long before that, at the account origination or pre-login stage. Credential testing or harvesting attacks are some of the most common sophisticated mass-scale threats paving the way for account takeover. Unfortunately, most companies don’t have the right tools to catch them… until it’s too late. The ATO below the surface Companies are
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Seamlessly identify legitimate users who share joint accounts, even if they share passwords. With billions of data points available on the dark web, organizations can no longer trust static authentication even when correct credentials are presented. This poses a real dichotomy and companies are responding by adding more security layers to protect customer accounts. Many organizations rely on device intelligence tools to decide whether a user is legitimate or not. When these systems see a user coming from a new …
Account takeover, the Lord Voldemort of the digital world, sparks fear into the heart of business executives the moment it’s pronounced aloud. Losing control over who is accessing your customer’s accounts can cause immense reputational damage, as well as steep losses. Data breaches are only making this problem bigger by sending out to the open millions of personal records every year. This month NuData is celebrating Account Protection Month in conjunction with CNP. This awareness month is designed 
What is Account Takeover? Account takeover is a fast-growing form of identity theft. An account takeover (or ATO) is the malicious access of an online account, by a fraudster or bad actor, posing as a genuine customer, gaining control of an account, and making unauthorized transactions. Why is this important? If you’re a financial institution or an eCommerce company, it is extremely important that you protect the brand image that you’ve worked so hard to build. If you’re a financial 
Yes, they have cute innocent faces and can’t even spell their name, but they could be accumulating thousands of dollars in debt. Happy 18th, kid – BTW, you could be bankrupt In 2017 a total of one million kids were victims of identity fraud according to the 2018 Child Identity Fraud Study by Javelin Strategy & Research. Data breaches are providing more than enough data to steal an identity, but that information is only valuable until the owner finds