As security defenses have evolved, more advanced phishing scenarios have emerged. Attackers are moving away from the collection of static credentials, to the use of dynamic bots designed to break into accounts in real time and even defeat multi-factor authentication (MFA). In these scenarios, they will prompt users for an MFA code when they login to a fake site, and use automation to pass on all the credentials and the MFA token while it is still valid.
The downstream monetization of these hacked accounts varies significantly depending on the industry. Banking and fintech accounts are particularly high targets, due to the potential to access funds, and are often the first target for these more advanced phishing attempts. However, attackers have honed in on monetizing hacked accounts in all industries; for example, even online gaming accounts can be resold for thousands of dollars.
The Arkose Fraud Deterrence Platform provides multi-layered defense against advanced, persistent attacks on user accounts. It is backed by a commercial guarantee on the efficacy of the solution, with a promise to defeat the automated login attacks that advanced phishing relies on.
Arkose Labs has extensive protections against advanced bots, thwarting the automated scripts that use phished credentials in real time. Sophisticated risk decisioning detects anomalous activity using real-time signals and historical attack pattern calibration. High risk activity is presented with interactive, anti-automation challenges that are designed against the latest machine learning techniques.
Integrating Arkose Labs into the login touchpoint thwarts automated phishing by embedding a token in the legitimate web application or SDK. Each request dynamically verifies that the token has passed from the client to the server, causing sessions originating from a phishing website to fail.
By requiring that all logins have a valid Arkose Labs session token, attackers are forced to integrate Arkose Labs into their phished landing pages in order to generate a session token. However, Arkose Labs is designed to detect any traffic originating from non-legitimate sites, providing businesses with visibility into traffic from non-primary domains.
One of the world’s most prominent gift and prepaid card platforms was targeted by fraudsters seeking to access customer accounts.
A fast-growing fintech operator was targeted by phishing attacks on its user base, with attacks increasing on a daily basis.
Targeted phishing attacks were carried out against customers by attackers pretending to be the client.
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