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Tag search results for: "fraud detection"
SHIELD
Account Takeover (ATO) attacks are on the rise, affecting an estimated 24% of companies globally. In the United States, 22% of the adult population, equivalent to 24 million people, report falling victim to this type of incident. It is projected that ATO fraud will result in losses exceeding USD 343 billion globally between 2023 and 2027, according to research from the American Bank. The financial industry is a primary target for fraudsters, with 84% of financial institutions having already faced this digital thre... more