Q3 2021 Digital Trust & Safety Index: Battling the new breed of account takeover fraud

Fraudsters are determined to overwhelm merchant security measures for profit, and are leveraging increasingly sophisticated tools—like automation—to execute large-scale account takeover attacks at a cyclone pace. New data from Sift’s global network reveals that ATO fraud exploded by 307% between 2019-2021.

Read this new report to explore:

• How a global fraud ring launched an international, automated ATO blitz attack against e-commerce merchants, with thousands of attempted logins per second
• Changing account takeover fraud rates across different industries, with alarming trends emerging in fintech