3 Ways to Combat Account Takeover and Unauthorized Access with Digital Identity

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Presented by

Adam Preis, Ping Identity Director, PSM (Financial Services)

About this talk

The financial services industry continues to be confronted with a rapidly growing threat landscape. It's no surprise that malicious actors are becoming more effective at targeting some of the weakest links in the cybersecurity infrastructure: customer, employee, and partner credentials and access journeys. This is precisely why account takeover attacks have grown by a staggering 354% year-over-year in 2023 with financial services being one of the most targeted industries. To make matters worse, unauthorized access accounted for over 49% of all data breaches in 2022, exposing the vulnerabilities across workforce and partner access journeys. The good news is that converged identity and access management (IAM) is here to address these challenges head-on. Join to find out how financial service customers can mitigate the risks of account takeover an unauthorized access in the industry, and hear from Ping Identity experts Adam Preis, Darrell Kevin Geusz, Product Management Lead NA, Paul O’Carroll, Director Sales (FSI) EMEA, and Johan Fantenberg, Principal Solutions Architect APJ. To find out how financial service customers can mitigate the risks of account takeover an unauthorized access in the industry by: --Detecting and preventing malicious attacks against consumer credentials and access journeys --Reducing risks associated with workforce and partner access --Moving towards modernized IAM convergence across all identity use-cases
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