Account Take Over (ATO) A Burgeoning Threat

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ATO TRIVIA

What was the increase in the number of consumers who were victims of ID fraud in 2017?

That’s Correct !

Over 16.7 million consumers were victims of ID fraud in 2017, that’s an increase of 8% from the year before.

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How ATO is Orchestrated

  • MALWARE

    Loaded on POS to copy transaction authentication details

    ATO
  • PHISHING

    Coax user to enter login details on simile webpage

    ATO
  • BIN ATTACK

    Generate valid card numbers from one series

    ATO
  • SOCIAL MEDIA

    Gather user information and use it across various social media channels

    ATO
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BOT ARMY

0s login attempt from different IP address for 100s of distinct account in a day

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Account Takeover Account Takeover

ATO TRIVIA

Identify the technology leader who has recently been a victim of ATO.

That’s Correct !

Even the best known techies might not be an exception.

OurMine was able to hack Facebook CEO Mark Zuckerberg's Twitter and Pinterest accounts after decrypting his LinkedIn password, which was leaked in a separate data breach. The group claim Zuckerberg had used the same credentials on all three social media sites.

Source: https://www.forbes.com/sites/leemathews/2016/11/16/mark-zuckerberg-hacked-for-the-third-time-this-year/#54833a8bd9ab

According to a CSID survey, 52% of small businesses don’t invest in cyber risk mitigation, believing that they don’t store any private information. However, 68% at a minimum store email addresses, which is one potential entry vector for hackers.

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Taken Over Accounts Expose to Risk of

  • Financial & Virtual currency loss
  • Social Reputation Damage
  • Modifying personally identifiable information (PII)
  • Loss of customer loyalty
  • Loss of Brand reputation

ATO TRIVIA

3 in 5 Americans were affected by the Equifax data breach.

That’s Correct !

However unbelievable it may sound, it is true.
Criminal hackers gained access to files including sensitive personal data for 143 million Americans— Social Security numbers, birth dates and home addresses — by penetrating a Web-based application for Equifax.

For the first time ever, Social Security numbers were compromised more than credit card numbers in data breaches which exposed nearly three in five Americans.

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Steps to Prevent ATO Damage
biometric
multi factor auth
risk based auth
dynamic policy
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Introducing Accelerite Neuro

Accelerite Neuro a continuous risk-based orchestration solution that addresses security challenges in authentication and while providing frictionless end user convenience. Our leading platform orchestrates authenticators, risk engines, biometrics, regulatory compliance, and fraudulent activities across all your applications & channels. You can go live in less than a month and deploy Neuro on-premise, in the cloud, or in a hybrid configuration.

To find out more about Accelerite Neuro and how it can solve identity and access management problems, please visit at: accelerite.com/neuro

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