Highest ranked authentication provider for ATO protection by Liminal.
Solutions | ATO fraud prevention
Entersekt reduces fraud losses and operational costs with real-time protection.
Highest ranked authentication provider for ATO protection by Liminal.
Solutions | ATO fraud prevention
Entersekt reduces fraud losses and operational costs with real-time protection.
- $13 billionATO fraud losses in one year alone1
- 26.7%The percentage of account takeovers caused by phishing2
- 1,265%Increase in phishing emails since ChatGPT was released3
- 28%Increase in ATO fraud affecting online retailers and subscription services in 20244
- Financial losses:Direct losses from fraudulent transactions and reimbursements.
- Reputational damage:Eroded customer trust and negative brand perception.
- Customer churn:Frustrated customers closing accounts and switching to competitors.
- Operational inefficiency:Increased workload for fraud investigation and customer support teams.
Entersekt’s technology help stop scams leading to ATO fraud long before they start.
- 99%Reduction in phishing attacks in first 11 months of deployment experienced by a bank with >8mil retail customers.
- ZEROBy replacing OTPs with Entersekt’s push notifications, one client eliminated their fraud losses.
- 90%The average reduction in fraud losses after the first month and a half after deployment of Entersekt’s ATO prevention solution.
- 98.2%Average frictionless ATO protection for Entersekt clients.
Minimize financial losses from account takeovers. The consequences of ATO can be severe, often resulting in significant financial losses for the user or the institution where the account is maintained. Average losses can range from between $6,000 to $13,000 per ATO incidents in the banking industry.
Entersekt’s actionable risk intelligence and advanced, customer-centric authentication not only dramatically reduces fraud losses, but demonstrates a commitment to security that builds customer trust. Furthermore, minimizing friction and avoiding unnecessary disruptions enhances customer satisfaction.
Entersekt’s innovative device ID technology converts customers’ mobile devices and browsers into silent factors of authentication, enabling secure, frictionless transaction signing – even for high-risk transactions. By reducing the amount of friction experienced during logins and other transactions, FIs can deliver unmatched protection against phishing, account takeovers, and many other attacks, while prioritizing optimal user experiences and building customer trust.
Automating fraud detection and response processes reduces the workload on fraud analysts and customer support teams, particularly in call centers. Comprehensive data analysis and reporting tools provide fraud analysts with the information they need to quickly investigate and resolve fraud cases. This greatly reduces the time and cost associated with investigations.
Adapt to evolving ATO tactics with a flexible and scalable platform. Entersekt invests in research and development to stay ahead of emerging threats and adapt to changing customer expectations. With 120 technology patents, simplified integration to actionable risk intelligence that is adaptive and leverages Context Aware™ Authentication to detect and mitigate scams before they result in financial loss, this approach enables real-time fraud detection across critical workflows like account changes, logins, and transactions.
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