To combat fraud and bot attacks, a multi-layered defense strategy is essential, focusing on enhancing visibility and implementing restrictions. Account security can be fortified by restricting registrations per IP address and automatically locking accounts after multiple failed login attempts. Continuous monitoring for unusual behavior, such as abrupt transaction increases or device discrepancies, is crucial for identifying suspicious activities that warrant manual inspection.
Key Points:
- How Fraudsters/Intruders targeting the websites/Mobile application who has weak fraud or cybersecurity controls
- Talk about various Technical Tools that can help preventing the Fraud Attacks
- Talk about Account Creation Controls
- Additional Measures
- Detection of Abnormal Behavior from the routine behavior
Presenter
Name: Harsha Akkinepally
Title: CTO & Principal Architect
Company: VELA Payments