Graph-centric Fraud Prevention: From Trusted Account Opening to ATO Fraud Protection
Most eCommerce authentication systems don’t verify identity at login. This is problematic, because when credentials get hacked or stolen, merchants can't see who is operating behind a legitimate login. Unfortunately, biometrics can also be hacked and stolen, or associated with rogue users who have compromised accounts.
This is why the need for identity assurance is paramount.
This informative presentation highlights how people commit ATO fraud, and how identity-based authentication and NIST 800-63-3 and FIDO2 standards can be used to counteract these attempts.
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