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Visa Combats Enumeration Attacks With New Generative AI-Powered Anti-Fraud Tool

The Fintech Times

Enumeration attacks, where threat actors use automated scripts or botnets to repeatedly submit card-not-present (CNP) transactions using different combinations of payment values, such as a primary account number (PAN), a card’s verification value (CVV2), expiration date and postal code, cause as much as $1.1billion annually in fraud losses.

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Virtual Credit Card Fraud: Its Risks & How to Prevent it

Seon

These help customers who are rightly using different combinations of usernames and passwords track their various login credentials, helping combat ATO attacks, which are especially dangerous in the context of VCC fraud.