Top 10 Anti-fraud Tips: The Cybersecurity Breach Aftermath

Digital companies can no longer trust static login and user credentials. In the wake of numerous large-scale data breaches, stolen data such as login credentials and payment details is being widely leveraged by cybercriminals for fraudulent activity, for example on online banking and e-commerce sites. To compound the problem, cybercriminals are able to dramatically increase the efficiency and scale of such attacks by using bots and botnets to run massive identity testing sessions in order to penetrate fraud defenses. The recent trend towards low-and-slow Bot attacks can often bypass traditional security defenses such as Web Application Firewalls. How do organizations continue to successfully operate online in this world of digital debris? Here is guidance on how to accurately authenticate your users in real time, and secure against fraud and account takeover attacks.