Top 8 Takeaways From About Fraud’s 2024 Fraud Landscape Webinar
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: Beyond the OTP: Why SMS-Based 2FA Is Failing and What Comes NextExplore the classic conflict between security measures and user friction.
Read the article: Anatomy of an Account Takeover Attack: Analysis and Response PlanLearn practical strategies for handling identity verification API errors or no-match responses. Explore fallback methods and clear communication tactics to ensure a smooth, user-friendly experience.
Read the article: Prove Global Fraud Policy℠: A New, Adaptive Standard for Digital IdentityIntroducing the Global Fraud Policy (GFP), Prove’s new unified, adaptive fraud-defense engine that replaces fragmented, custom rules with a single, comprehensive policy that automatically updates as new threats emerge. This forward-looking framework helps businesses anticipate and respond to evolving threats like GenAI deepfakes, synthetic identities, and eSIM bots, protecting customers at scale.
