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Credential Stuffing and Account Takeover -- The Business View
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Credential Stuffing and Account Takeover -- The Business View

Akamai·Christine Ferrusi Ross·about 1 month ago
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An account takeover (ATO), in which criminals impersonate legitimate account owners to take control of an account, causes tremendous pain for businesses in all industries. This pain may be monetary, such as losses from stolen accounts, but may also include a number of related problems, like regulatory and legal issues, lost customers, and the inability to gain new consumers due to a lack of trust. Losses from ATOs and new account fraud are estimated at more than $10 billion annually in the United States alone. \r\n A couple of years ago, we'd usually hear about ATOs as an aspect of the attack surface that exists in the financial services industry. But now we're seeing credential stuffing and ATOs increasing in multiple industries like media, gaming, and retail. At Akamai's recent Edge Live Adapt event, our team talked about criminal innovations in the credential stuffing and ATO space in all of those verticals. You can view the session on demand.…

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