Consequences
Account Takeovers can cripple your business in multiple ways, including:
- Significant Financial Losses—Account Takeovers can lead to substantial financial damage, draining resources through unauthorized transactions and necessitate costly incident responses.
- Data Breaches—ATOs can expose your customer’s sensitive data and your proprietary secrets, risking costly legal action and compromising long-term data integrity.
- Damaged Reputations—The erosion of your customers’ trust, along with negative media attention, can result in a tarnished public image and decline in shareholder value.