New account origination (NAO) fraud is one of the biggest issues facing businesses today. Fraudsters use fake new accounts for a variety of different attacks, including creating a fake profile on a dating app with the intention of sending phishing messages; setting up bogus online gaming accounts to accrue in-game assets using bots; or setting up financial accounts in other people’s names to get credit. Arkose Labs polled 100 IT execs on how this issue affects their business.
Download this ebook to learn:
- How NAO fraud affects the customer experience
- The top business impacts of NAO fraud
- How businesses can protect themselves from these attacks