Explore the rise of passwordless authentication, its security benefits, and how it mitigates common password-based attacks like phishing, brute-force, and ATO fraud. This Buyer's Compass can help you find the solution that best fits your business needs.
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1 The Challenge
The most common types of password-based attacks are:
1.1 Account Takeover (ATO)
Account Takeover Fraud (ATO) occurs when fraudsters gain unauthorized access to a user’s personal accounts using stolen usernames and passwords or credential stuffing attacks to execute unauthorized transactions. Other methods of account takeover fraud include malware attacks, such as man-in-the-middle and man-in-the-browser schemes, as well as the deployment of remote access tools through Trojans or via social engineering scams.
