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ATO attacks.

Fraudsters do not have discriminating tastes. When it comes to setting up their account takeover (ATO) schemes, they’ll try to hack into accounts at any institution, anywhere. Their tools are technologically robust; their obvious success is measurable in terms of victims, financial losses and reputational damage.

To launch a solid defense, credit unions must battle ATO on multiple fronts. Specifically, they must have controls and systems to detect common ATO schemes, variations on those schemes, and emerging threats from well-organized fraud rings.

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