A practical guide to fighting today’s fraud threats like phishing, account takeovers, and SIM-swap fraud with context-based authentication.
Fraudsters continually change their tack as new fraud prevention solutions block their path. When they breach these boundaries, their criminal endeavors leave financial institutions (FIs) and their customers with losses that totaled $10 billion in the U.S. in 2023 alone, the Federal Trade Commission reports.
But it’s not all doom and gloom – modern fraud prevention solutions that uniquely identify a customer can help FIs remain a step ahead of attacks like phishing and account takeovers (ATOs).
In this eBook, we provide the essential information FIs need to combat evolving fraud:
But it’s not all doom and gloom – modern fraud prevention solutions that uniquely identify a customer can help FIs remain a step ahead of attacks like phishing and account takeovers (ATOs).
In this eBook, we provide the essential information FIs need to combat evolving fraud:
- Common fraud attacks, like ATO and payer manipulation, and how to protect consumers.
- How context-based authentication enables the right security mechanisms at the right time to block unauthorized access.
