New solution helps prevent account takeovers
Account takeover attacks have increased 24 percent in the second quarter of 2024 compared to the same period last year, according to AI-powered anti-fraud platform Sift.
Account takeovers accounted for losses of almost $13 billion in 2023. To combat the problem Sift’s latest quarterly product update feature an enhanced solution to protect businesses from ATO fraud throughout the entire consumer journey.
Account takeover attacks are among top security concerns
A new study reveals that 60 percent of security leaders in the UK cite account takeover attacks as one of the top four most concerning cyber threats.
The survey from Abnormal Security shows 75 percent of UK survey participants report that their organization has been impacted by an account takeover attack at least once over the past year.
WhatsApp announces a raft of new security features -- Account Protect, Device Verification and Automatic Security Codes
WhatsApp has announced a series of new privacy and security features to help protect against account hijacking and more.
The company says that it believes "your messages should be as private and secure as an in-person conversation", and it is with this in mind that it is launching Account Protect, Device Verification and Automatic Security Codes. Until now, we have only seen signs of these security features in beta versions of the chat app, but now an official announcement has been made promising an imminent rollout.