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Defend Against Account Abuse in Financial Services

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Executive summary \r\n \r\n In Q2 2024, Akamai helped a North American bank mitigate 12.7 million account abuse requests and 6.9 million bot requests by using sophisticated detection methods that analyzed user behavior to distinguish between genuine and malicious activities. \r\n \r\n Threat actors used evolved techniques, including advanced artificial intelligence (AI) and machine learning, to mimic human behavior and evade traditional detection, necessitating a focus on analyzing legitimate user behavior. \r\n \r\n Akamai Account Protector is a comprehensive security solution designed to prevent and defend against account takeover attacks and abuse both during and after login. \r\n \r\n \r\n Introduction \r\n Bot management is critical to any organization's security strategy. It is especially important when protecting against credential stuffing campaigns and preventing account takeover (ATO) of online accounts.…

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