The Industrialization of Online Fraud: Fighting Fire with Fire

Online fraud has become big business for bad actors, because sophisticated tools, mule networks, and breached data are readily available to support large-scale automated attacks. In this report, Aite Group examined the strategies used by organized cybercrime rings and outlined a set of best practices that financial services and e-commerce firms can use to change the economics of fraud by encouraging fraudsters to move on to more profitable targets.

Read the report to learn:

  • How automated attacks evolve into fraud in attempts to bypass defenses by emulating human behavior and using human click farms
  • Why it's essential to disrupt attacker economics to deter online fraud
  • How layered, adaptable application security can help defeat automated cybercrime attacks and human-driven fraud that target applications and APIs
  • Why protection must extend across the entire customer journey from login and account creation to transaction

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