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Deep Dive: QSRs Leverage AI To Fight ATOs And Credential Stuffing

PYMNTS

Coffee giant Dunkin’ fell victim to a credential stuffing attack in October 2018, and the fraudsters who initiated the scheme were soon after selling users’ loyalty credits on dark web marketplaces for a fraction of their values. Selecting the Target.

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How to build your own Zendesk Answer Bot with LLMs

Nanonets

A Zendesk Answer Bot, powered by Large Language Models (LLMs) like GPT-4, can significantly enhance the efficiency and quality of customer support by automating responses. In simple terms, RAG enables the AI to pull in relevant information from a database or other sources to support the generation of more accurate and informed responses.

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The Battle Raging Over Account Takeovers

PYMNTS

But in the years since, hackers and other bad actors have developed and begun using more intelligent and sophisticated techniques and methods in order to penetrate databases and gain access to user credentials. But this need for a high volume of credentials also gives security providers a tool in their fight against fraud, Grant said.

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Kount Control Aims To Cut Account Takeover Fraud

PYMNTS

That includes everything from bots, credential stuffing and malicious, intentional human hacking activity. Kount also recently set up the Identity Trust Global Network , which attempts to build a large database to help clear up fraud issues in the future.

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Deep Dive: Securing P2P Apps Against Scams And ATOs

PYMNTS

They might hack databases to obtain information like consumers’ emails and phone numbers or they might find such information already available on the dark web from previous data breaches. Fraudsters that have gained control over a legitimate account can then easily steal victims’ money, and P2P payment platforms must therefore stand on guard.

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The 5 Best RPA Tools in 2023

Nanonets

Understanding Robotic Process Automation Robotic Process Automation, or RPA, is a technology that uses software robots, or bots, to automate repetitive tasks and processes. These bots mimic human actions by interacting with various systems and applications, such as data entry, screen scraping, and decision-making.

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What Is Account Takeover Fraud (ATO)? Detection & Prevention

Seon

In layman’s terms, users may refer to account takeover fraud as account hacking – when they realize someone stole their online credentials. This is your complete guide to understanding and detecting account takeover (ATO) fraud in your business. What Is Account Takeover Fraud?