Name: CISO Panel: Enterprise-Wide Security and Fraud Prevention Trends
Start: 2021-12-30T17:52:00Z
End: 2021-12-30T18:43:18.000Z
Location: BrightTALK

Arkose Labs’ mission is to create an online environment where all consumers are protected from malicious activity. Recognized by Gartner as a “Cool Vendor in Fraud and Authentication,” the company offers the world’s first $1 million credential stuffing warranty. Its AI-powered platform combines powerful risk assessments with dynamic attack response that undermines the ROI behind attacks while improving good user throughput.

Account security is paramount in this day and age. Consumers rely on digital accounts to bank, make purchases, book travel, play games, and so much more. So it should come as no surprise that in 2021 there was an 85% increase in attacks targeting the login and registration points. We will discuss how to effectively safeguard digital accounts and create trust among your customers.

Top Account Strategies to Build Customer Trust

Bots have come a long way in recent years. They are able to accurately mimic human behavior, solve many puzzles designed to stop them, and perform a wide range of tasks. intelligent bots power many of the fraud attacks that target digital businesses and their customers and are increasing not only in volume but also sophistication. In this session we will discuss how businesses can detect and stop advanced bot attacks.

Preparing for the Intelligent Bot Revolution

Fintechs and banks face a complex and highly organised cybercrime ecosystem. The 2019 Official Annual Cybercrime Report predicted that by 2021 cybercrime will cause annual losses of $6 trillion globally.

For cybercriminals, fintech accounts are a prime target for attacks. They use sophisticated tools and methods to gain access to your customers’ accounts and monetise this compromised data. Fintechs need robust protection in place, which is in line with their commitment to user experience.

By understanding the attack patterns and motivations behind account takeovers, fintechs and banks can achieve long-term deterrence against attacks and help protect their customers and business in the fight against cybercrime.

In this webinar, experts from the banking and fintech industry discuss:
- How bad actors target and monetise attacks against fintechs
- Nine types of fraud that threaten trust in users’ account security
- How increasingly unclear fraud signals allow attackers to access accounts undetected
- How to recognise account takeover patterns to detect attacks
- Steps you can take to deter cybercriminals against attacks and boost your protection

How to Detect and Prevent Account Takeover Attacks and Protect Your Customers

Bots power today’s fraud and cybercrime ecosystem; in fact, automated attacks comprised 86% of all attacks overall in 2021 and continue to grow. These are not your average dumb bot. Today’s intelligent bots power a complex orchestration of attacks, combining data, attack tools, spoofing, and humans to emulate human behavior better than ever before.

Over the next 3 years, digital businesses will need to be more innovative, agile, and hard-hitting to keep up with the volatile and complex bots of the future. In Everything you need to know about the Intelligent Bot Revolution, we’ll have a lively discussion on the latest signatures of intelligent bot attacks and what fraud and security teams need to be prepared for.

Here’s what you’ll learn:
- What intelligent bots look like and how they are orchestrated
- The complex ecosystem that fuels increasingly sophisticated attacks
- How fraudsters will monetize attacks and impact digital businesses
- 3 ways fraud and security teams can prepare to detect and deter these attacks

Everything You Need to Know About the Intelligent Bot Revolution

Account takeover attacks are the fuel that powers the wider financial fraud ecosystem. After compromising a financial account, attackers can steal and resell personal information, drain money from the account, make purchases, commit loan fraud, and a whole host of additional downstream attacks. It’s probably not surprising then that there have been 15 billion accounts compromised over the last year, which averages out at a staggering 475 ATO attacks per second.

In this session, we will take a deep dive into the various steps of account takeover fraud. Key takeaways for the audience include an analysis of the economics that fuel attacks, the different routes to monetization, and how both sophisticated bots and humans are used in launching attacks. We will also share best practices for how to successfully identify and stop ATO attacks before they affect your business and your customers, as well as proprietary data from the Arkose Labs network.

Speakers:
- Karthik Rangarajan, Engineering Manager – Robinhood
- Jeff Hudesman, CISO – Pinwheel
- Todd Anderson, Chief Product Officer – LendIt Fintech
- Ashish Jain, Chief Product Officer – Arkose Labs

The Anatomy of an Account Takeover Attack

As fraud and security teams raced to level up their account security in 2021, fraudsters were busy elevating their own strategy with advancements in bots and attack tactics. Across industries, user actions were 4 times more likely to be attacked last year, driven by more complex bot attacks and increased monetization potential on user accounts.

In 2022, digital businesses need to be innovative, agile, and hard-hitting to keep up with volatile and complex bots of the future. In Fraud in 2022: Outsmarting Fraudsters in the Age of Intelligent Bots, we’ll uncover the 6 most impactful attack trends from 2021 and the must-haves to outsmart attackers.

View this webinar to learn:

- What drove an 85% increase in login & registration attacks last year
- 6 things to expect from the intelligent bot revolution
- Early warning signs of how attackers will target the Metaverse
- 4 bot deterrence must-haves to detect & defeat evolving threats

Fraud in 2022: Outsmarting Fraudsters in the Age of Intelligent Bots

Technological advancements and information sharing among criminal networks have made hacking into bank accounts an increasingly straightforward task —  even for novice fraudsters.

Join Brett Johnson, Former US Most Wanted Cybercriminal turned Good Guy, and our anti-fraud experts for a deep-dive into Account Takeovers (ATO). The panel will explore the tools and services that fraudsters use to overcome enterprise-grade ATO defenses in order to profit. We’ll also debate the most effective strategies for long-term protection of accounts while still maintaining a seamless user experience.

By the end of the session, you will know:

- The top 4 motivating factors behind account takeover attacks
- How account takeover attacks are carried out across various industries
- How fraudsters target network and system admin accounts to launch attacks
- The key to keeping all login endpoints safe and secure

Destroy a Fraudster’s Business Model: ATO Masterclass

As finance becomes more digital and real-time, protecting their digital platforms is becoming increasingly challenging as attackers adapt their approach to combat the evolution of defenses in place on fintech and banking websites. These fraudsters attack endpoints like logins, account registration and password recovery. To make these attacks cost effective and efficient, attackers leverage the power of automation and build botnets capable of executing brute force attacks at scale.

Recently, some attackers have become significantly more advanced and subtle and send requests with clean fingerprints and IP addresses, making device and IP intelligence detection methods less effective. In Who’s In Control: Human or Machine?

In this session, you will discover:

- The fraud threat landscape facing fintechs and banks today
- How to defend against the most common attack methods
- A deep dive into behavioral detection methods: what behavioral detection is, the fraud signals worth collecting, methods of processing information, and building machine learning algorithms to effectively detect suspicious activity

Who’s In Control: Human or Machine?

CISOs from prominent organizations discuss how the latest trends in fraud and account security affect their overall security posture and tips for keeping large consumer-facing enterprises secure.

CISO Panel: Enterprise-Wide Security and Fraud Prevention Trends

Cyber Security

Cyber Attacks

Threat Detection

Threat Analysis

Authentication

Risk Mitigation

Digital Experience

Cyber Risk Management

Incident Detection

Security Risk

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CISO Panel: Enterprise-Wide Security and Fraud Prevention Trends

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