Account Takeover (ATO) Guide
An overview on Account Takeover Fraud, how it works, and what your business can do to prevent it.
ATO Fraud is recognized as a top threat to financial institutions and their customers due to the major direct financial losses experienced as well as the lengthy and costly post-incident mitigation efforts required.
When does ATO Fraud Occur?
Account Takeover (ATO) fraud occurs when cybercriminals gain unauthorized access to a user's account, typically by stealing login credentials or exploiting security vulnerabilities.
How does ATO Fraud Work?
ATO fraudsters may use various tactics such as phishing emails, social engineering, or brute force attacks to obtain account credentials and take control of user accounts.
What losses are incurred from ATO Fraud?
ATO fraud can result in financial loss, identity theft, and reputational damage for individuals and businesses.