Account takeovers (ATOs) are when cybercriminals gain unauthorized access to a legitimate user’s account, as a means to commit fraud. The speed and evolution of today’s ATO attacks present significant challenges for businesses. For example, the use of stored credit card numbers or loyalty points could easily net millions of dollars for a cybercriminal. In 2021, Aberdeen Research reported that 84% of organizations in the financial services industry had online users who experienced a successful ATO over the previous 12 months. Use this handy calculator to understand the cost of an ATO attack on your business.
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This tool is provided for educational and discussion purposes only, and information obtained from it may not be relied upon as legal analysis or opinion. *Data from Aberdeen Quantifying the Impact of Credential Stuffing and Account Takeovers in Financial Services Report.