Top 8 Takeaways From About Fraud’s 2024 Fraud Landscape Webinar
About Fraud, the venerable outlet for fraud thought leadership, convened a panel of seasoned fraud experts that included Prove’s VP of Fraud, and Cybercrime Executive Advisor, Mary Ann Miller.
Fraudsters are getting more creative, and as they identify new ways to operate, they are finding success with a broadening array of scams, attacks, and tactics. The continued evolution of fraud has paved the way for what is anticipated to be a dynamic and potentially unpredictable 2024.
About Fraud, the venerable outlet for fraud thought leadership, convened a panel of seasoned fraud experts that included Prove’s VP of Fraud, and Cybercrime Executive Advisor, Mary Ann Miller. The group, which also included Karisse Hendrick (CEO, Chargelytics Consulting) and Frank McKenna (FrankOnFraud.com and Founder of Point Predictive) discussed upcoming fraud trends and shared insights on what actions you need to take to stay ahead and prepared.
Below, we provide some highlights, which will help you start thinking through your 2024 fraud strategy. Watch the webinar replay for more insights.
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Read the article: Account Takeovers: The Silent Revenue KillerAccount takeover (ATO) fraud is rapidly becoming one of the biggest threats facing digital marketplaces and gig platforms. Learn how ATO attacks work, why they are accelerating, the latest fraud trends and statistics, and how continuous identity verification helps organizations prevent account takeovers while protecting revenue, customer trust, and user experience.
Read the article: The Silent Drain: How SMS Pumping Is Bleeding Digital Marketplaces DrySMS pumping fraud is silently increasing verification costs for digital marketplaces by exploiting OTP workflows. Explore how these attacks operate, why traditional SMS authentication is failing, and how proactive phone intelligence can prevent fraud before an SMS is sent.
Read the article: Prove and Baselayer Partner to Bring Real-Time Business Verification to ProveXProve and Baselayer simplify business verification by combining trusted identity, real-time KYB intelligence, and seamless onboarding into a single workflow without requiring additional verification steps.
Trusted by 2000+ leading companies to reduce fraud and improve consumer experiences, Prove is the world’s most accurate identity verification and authentication platform.
