The Ultimate Guide to Online Fraud Prevention

Description: The COVID 19 pandemic has accelerated the shift to online across industries, and criminals are taking advantage of this shift to attack vulnerable individuals and businesses. Account takeover attacks are up 131ps, and even with prevention measures in place, the typical organization loses 5ps of its revenue to fraud every year. Because fraud losses can rapidly get out of hand, fraud prevention is a critical part of any organization’s business strategy. However, increased security measures often result in poor customer experiences that lead to high session abandonment rates and lost revenue. This can lead to conflict between fraud teams and other parts of the business, resulting in unsatisfying trade-offs between security and experience