September Trend Sharing Session
Inside the Mind of Fraudsters
- Date: September 19, 2024
- Time: 10 am EDT/ 3 pm BST
- Location: Online
- Delegates: 100+
How Bots Exploit Travel Logins
Airlines, along with the travel and hospitality industry at large, are heavily impacted by account takeover (ATO) attacks targeting their loyalty programs. The recent RockYou2024 leak exposing nearly ten billion unique passwords on a popular hacking forum signals that credential stuffing attacks to take over accounts will continue to be problematic.
Traditional fraud prevention tools focus on downstream fraud, but effective ATO protection requires early detection and prevention. In this webinar, hosted by Kasada, we talked about the latest methods fraudsters use to successfully conduct ATO attacks at scale, the fraud schemes used to monetize stolen loyalty accounts, and modern techniques to predict and protect against them.
Specific topics included:
- The emergence of new “solver services” able to bypass anti-bot detection for pennies
- Early warning signs associated with credential stuffing attacks you should be aware of and looking for
- Visibility into non-traditional marketplaces where stolen accounts loaded with loyalty points are sold and redeemed
- Kasada’s own research summarizing the state of account fraud within airlines, hotels, and other segments
- Best practices for modernizing your website, apps, and API security to defend against bot-driven ATO
Speakers:
- Sam Crowther – Founder & CEO, Kasada
- Jesse Martin-Alexander – Security Engineering, Kasada
Sam Crowther is a public speaker, entrepreneur, and founder of Kasada, a high-growth cybersecurity company dedicated to creating simple solutions for large enterprises. Sam’s passion for the security industry began as a high school student when he worked with the team at Australia’s Signals Intelligence Agency. From there, he moved to a red team role at Macquarie Group, an experience that inspired him to start his own company. With funding from leading U.S. and Australian investors, Crowther launched Kasada in 2015 to provide innovative application security to companies around the world. Based in New York and Sydney, Crowther loves creating simple technical solutions to complex problems and is motivated by challenging preconceived ideas and beliefs in order to have a positive impact on the world.
Jesse Martin-Alexander is a seasoned technology professional with nearly two decades of experience. He has held technical roles in a range of organizations, including Senior IT Security Architect at JetBlue and Product Security Engineer at Pitney Bowes. Jesse has continued to develop expertise in security and risk management through a diverse range of certifications, demonstrating his deep understanding of cybersecurity and the risks that businesses face. Jesse studied Business Continuity, Security, & Risk Management at Boston University and holds a Bachelor of Science in Information Technology from the New York Institute of Technology.