84% of surveyed financial organizations say online users experienced account takeover in past 12 months

August 31, 2021
People walk along Wall Street in the financial district in New York City. A report by Aberdeen Strategy Research found that the mean cost of bot-driven ATOs can run up to 6.4% of the revenue generated from a company’s monthly active users. (Photo by Spencer Platt/Getty Images)
  • 45% of organizations experienced fraudulent transactions.
  • 31% saw the creation of new accounts, such as credit applications.
  • 24% reported transfer of funds or other fungible value, such as loyalty points or rewards.
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