How Organized Cybercriminals Built the Bot Economy to Target Merchants

Payments

Fraud

MRC Vegas 2024

iHerb, HUMAN

Mar 27, 2024

Presentations

You may be familiar with bots due to recent news headlines, but few are familiar with the extent to which the underground bot economy operates. These tools are becoming increasingly easy to access for bad actors — and one of their biggest targets is merchants. HUMAN Field CTO Frank Walsh will discuss how automated bot attacks are being leveraged by sophisticated cybercriminals to steal personal information like credit card information, to fund their various schemes.

Learning Objectives:

Listen to how the bot economy bolsters sophisticated organized cybercriminal activity
Learn how the downstream impacts of bot-based account fraud
Discover what happens to payment fraud once accounts are secure

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