When a user suffers an account takeover (ATO) attack, companies aren’t just exposed to cyber risk—they can suffer lost customers, impacted market share, and damaged brand trust. An increasing number of these attacks could demand more stringent practices and vigilance to stop ATOs before users are impacted. But, despite the threat ATOs present, many IT executives don’t plan to increase their budgets for fraud prevention.
Arkose Labs and Pulse surveyed 100 tech executives to understand:
- The frequency of account takeovers
- How account takeovers have impacted their businesses
- How fraud budgets will shift in 2021