2024 Future of Fraud Forecast

Traditional bot detection methods — like IP blocklisting, user-agent analysis, and heuristic behavioral checks — used to be enough to stop fraud bots. But now, GenAI has turned the tables: fraudsters can essentially reverse-engineer your fraud stack and create next-gen bots that evade every trusted tool. In this webinar, our experts explore the increasing sophistication and velocity of bot attacks and the latest techniques for balancing bot-fighting and friction.

Bots are an ever-present threat to today’s digital businesses: fraudsters leverage them in multiple ways and meticulously tailor attacks to beat their targets’ defenses. Read an analysis of bot attack strategies and the keys to identifying a forthcoming attack.

This report includes:

• Findings from a four-month study on bot attack set-ups and strategies
• New data on how fraudsters use bots to identify and exploit weaknesses in their targets’ fraud stacks
• Behavioral insights revealing the signs that foreshadow large-scale bot attacks

An analysis of five fraud ring attacks across five different digital industries, including a breakdown of who was targeted and why, background information and future predictions on evolving fraud ring styles and strategies, and investigations into how fraud rings choose their victims.

Account takeover (ATO) fraud is surging, with losses reaching nearly $13 billion in 2023 — a 15% year-over-year increase. As fraudsters become more sophisticated, this upward trend shows no signs of slowing.

To protect your organization and customers, it’s critical to implement comprehensive, scalable fraud prevention, identity verification and authentication solutions. Discover why Experian was recently named a leader in ATO prevention by Liminal.