8 Trends Fueling Account Takeover Attacks on Banks
Banks have always been a top target for crime which leads customers to expect the utmost security to ensure their financial wealth is spared. With the growing digitalization of financial services, ATOs have become the cornerstone attack type in banking to cause largescale threats to businesses, risk to individual account security, and bank reputational damage. With years of massive data breaches, banks, and other financial services companies need a solution that prevents against ATO attacks while also maintaining a positive user experience and avoiding false positives.
Download to find out more about:
- How the economy of ATOs cost businesses up to $4 billion in losses
- How 2 in 5 customers close their financial services account due to account security concerns
- Why human-driven attacks have risen by 33% and what this could mean for banking platforms
Recommended Resource:
Solution Brief
Arkose Labs for Financial Services
Download this solution brief to learn how Arkose Labs can help financial institutions:
- Strengthen customer relationships by rooting out fraud early at user authentication touchpoints
- Eliminate the ROI for criminals committing fraud in the first place
- Take a proactive approach in future-proofing your business against the evolving cyber threat landscape