Fraudsters are constantly innovating, which pushes online fraud and security experts to do the same. But according to Robert Lee, a fraud expert with experience at Twitter and Amazon, fraud fighters are over-relying on a “one size fits all” approach. The result? Websites aren’t safe, data breaches are constant, and account takeover is on the rise.
Instead of static systems, Robert advocates for the adoption of dynamic methods like risk-based authentication. How are risk-based approaches challenges fraud fighters’ assumptions? How can fraud fighters update tried-and-true techniques — or is it time to overturn them? We sit down with Robert to find out.
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