The COVID-19 pandemic has accelerated the shift to online across industries, and criminals are taking advantage of this shift to attack vulnerable individuals and businesses. Account takeover attacks are up 131%, and even with prevention measures in place, the typical organization loses 5% of its revenue to fraud every year. Because fraud losses can rapidly get out of hand, fraud prevention is a critical part of any organization’s business strategy. However, increased security measures often result in poor customer experiences that lead to high session abandonment rates and lost revenue.

Download this guide to learn more about the multi-step fraud prevention process and the various tools available for your counter-fraud toolbox.