Best-in-Class Account Takeover Solutions to Protect Your Business

For businesses, an account takeover attack can be catastrophic. These attacks typically involve cybercriminals gaining access to a multitude of accounts and platforms to wreak havoc. This could be in the form of stolen sensitive data, fraudulent spending on your business card, account lockout, and much more.

As well as potentially costing your business thousands (even millions) of dollars, repairing the damage caused by such an attack is an expensive, time-consuming affair. 

 
As well as the cost and inconvenience, a successful account takeover attack can lead to disastrous brand damage and loss of customer trust. All in all, it’s estimated that it takes, on average, around eleven months for a business to remedy the problems caused by an account takeover.

As with so many things, prevention is better than the cure. To this end, we’ve compiled below the best account takeover software and solutions you need to protect your business from this prevalent type of cybercrime. 

What are Account Takeover Solutions?

Account takeover (ATO) solutions are anti-fraud tools designed specifically to detect, prevent, and mitigate unauthorized access to your business platforms and customers’ accounts. Such software typically assesses a range of risk signals, such as IP reputation, device fingerprints, behavioral abnormalities, and login velocity.

While some APO solutions focus on post-log-in defensive measures (like unusual account behavior, session anomalies, and unauthorized device access), others focus on prevention, taking preemptive steps to stop an ATO attack in the first place. 

Businesses should deploy APO solutions as part of their wider fraud prevention and mitigation strategies for holistic protection. 

Why All Businesses Need an Account Takeover Solution

To Decrease Fraud Reimbursements

One of the major expenses of an account takeover attack is customer reimbursements. This can be extremely costly, both to a business’s bottom line and its relationships with its clients. By actively preventing ATO attacks, your business can expect to significantly lower its fraud-related expenses. 

To Maintain Regulatory Compliance

Regulatory scrutiny is often an unwanted side effect of an ATO incident, with privacy and security standards such as CCPA, GDPR, and PSD2 mandating that businesses must robustly protect their customers’ financial assets and data. By deploying an ATO solution, businesses can help ensure compliance in this regard, thereby avoiding legal action, penalties, and reputational damage. 

To Bring Down Customer Support Costs

By decreasing the number of ATO incidents that need to be handled, an effective ATO solution can lower customer support costs. With fewer compromised accounts, there’s a reduced need for password resets, manual account recovery, and identity verification requests. 

To Preserve Customer Loyalty and Goodwill

ATO prevention tools help prevent customer attrition, fostering instead engagement and trust. Should one of your customers experience the impact of an ATO attack, there’s a strong likelihood you’ll lose them for good, perhaps to one of your competitors. As well as preventing direct losses, strong account security builds your customers’ confidence in the digital services you provide. 

What to Look for in an Account Takeover Solution

Real-Time Threat Detection

The best ATO prevention solutions identify threats in advance, rather than just dealing with the fallout of an attack. With cyberattackers using increasingly sophisticated tools, stopping an attack before it gets started is vital. 

Device Fingerprinting

Fraudsters often use a range of different techniques to masquerade as legitimate users once they’ve broken into an account. This can make spotting an attack in progress tricky, but a high-quality ATO solution tracks operating system details, installed plugins, browser characteristics, and unique device signatures to identify potentially nefarious activity. 

Dark Web Monitoring and Credential Stuffing Prevention

You may want to consider a solution that automatically incorporates intelligence harvested from the dark web into its risk assessment models. This proactive approach can limit cybercriminals’ ability to undertake an ATO attack in the first place.  

It’s also a good idea to look for an ATO solution that deploys credential stuffing prevention tools. These tools should be able to identify failed login attempts at the browser level, instead of waiting for a successful attempt to occur. 

Top 10 Account Takeover Solutions

1. DataDome

DataDome offers real-time, AI-powered protection from a wide range of cyberthreats, including ATO. This solution works fast, taking action within milliseconds of a threat being detected, and deploys machine learning to learn and adapt to newly emerging threats, to defend your business long-term. 

Best for: Businesses looking for an intuitive, easy-to-deploy solution that provides holistic protection from a variety of cyberthreats at an affordable price. 

2. Memcyco

This ATO prevention solution provides real-time predictive protection, with the aim of stopping an attack before it gets started. Cloud-based and agentless, Memcyco is easy to deploy across mobile apps, customer portals, and websites, and also offers immediate protection should customers interact with a cloned site. 

Best for: Businesses in high-risk industries (such as finance) looking for software that provides preemptive protection. 

3. Signifyd

Signifyd boasts a worldwide network able to analyse billions of transactions to detect suspicious or unusual behavior. Its formidable defenses mean fraudsters attempting to use stolen data to mount an ATO attack are flagged instantly due to Signifyd’s cross-merchant visibility. 

Best for: Businesses tackling large-scale fraud operations to guard against repeat ATO attack offenders across multiple merchants. 

4. Telesign

Telesign leverages behavioral biometrics, real-time risk scoring, and behavioral patterns to provide identity-based ATO protection. Businesses that choose this option can initiate enhanced security and customize authentication processes as necessary, with Telesign’s risk assessment engine looking at password resets, login attempts, and other typical session hijacking behaviors. 

Best for: Businesses that use phone-based authentication methods and that require real-time SIM swap defences to protect against ATO attacks. 

5. Forter

For Forter, the mission is clear: to help businesses eliminate fraud to focus on preserving and enhancing the customer experience. This solution specializes in e-commerce ATO protection, using behavioral analytics and risk scoring to block potentially fraudulent login attempts before any damage can be done.  

Best for: Ecommerce businesses and marketplaces requiring real-time ATP protection at the transactional and login level. 

6. Okta

OKTA is designed to provide enterprise-grade identity security and block and detect ATO attempts. When an attempt is suspected, the system automatically deploys additional security measures, such as number-matching MFA challenges and biometric authentication. 

Best for: Businesses that want adaptive and scalable log-in security processes without adding friction to the user’s online experience. 

7. Beyond Identity

Businesses interested in using passwordless authentication (that can’t be stolen, phished, or brute forced) could consider Beyond Identity. This platform doesn’t just authenticate users at the login stage but continues to enforce identity verification during their entire visit. 

Best for: Businesses wishing to do away with traditional passwords and instead use passwordless authentication that’s extremely difficult to get around. 

8. Imperva

Imperva safeguards a business’s login endpoints from fraud and ATO attempts, preventing unauthorized access and protecting users without compromising site performance. It specializes in credential stuffing protection and advanced bot-driven ATO attack prevention, and also provides a WAF web application firewall) to help defend against automated attacks. 

Best for: Businesses that want to defend against ATO and large-scale credential stuffing attacks that also require dark web monitoring. 

9. Radware

Radware specializes in blocking emerging AI-driven threats and malicious bots in real-time, using a multi-level approach that encompasses mobile apps, web apps, and APIs. This solution protects without downgrading site performance or disrupting legitimate users. 

Best for: Businesses wanting a multi-layered approach to cybersecurity and ATO threats, able to generate real-time signatures to block attacks. 

10. SpyCloud

This solution focuses on uncovering unseen identity risks and threats across a business’s user exposure. SpyCloud automatically takes action if it detects ATO attempts, potential data breaches, phishing attacks, and more to prevent fraud. The software seamlessly integrates with existing workflows and tools to provide consistent, convenient protection. 

Best for: Businesses that want to protect their brand and safeguard client and employee identities. 

Deploy an ATO Prevention Solution Today to Protect Your Business Now – and in the Future

Your business needs robust ATO protection that can defend against existing and newly emerging threats. Take a look at the options above to find the best solution for your needs that’ll guard your business against a costly – and potentially catastrophic – attack