A Dive into the Dark Web with Sift – Webinar February 2021

February Trend Sharing Session

A Dive into the Dark Web with Sift

As our lives moved even more online in 2021, prominent breaches at major hotel chains, cruise lines, and others in the travel industry and beyond showcase the rise of bad actors leveraging Account Takeovers (ATO). In fact, ATO rates surged nearly 400% among physical e-commerce businesses (those selling physical goods) since the start of the pandemic.

As bad actors constantly adapt tactics to commit ATO, risk teams must strike a balance between mitigating risk and reducing friction for legitimate customers.

During this session Kevin Lee, Trust and Safety Architect at Sift, covered:

  • What companies currently have user accounts for sale and how much they are being sold for
  • How Fraudsters access forums and Dark Web marketplaces
  • How to quantify the impact of Account Takeover fraud
  • An overview of digital trust and safety, and how it can help grow and protect your organization