Eyeonid Group – How to Protect Your Business against Credential Stuffing Attacks

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Presented at E-Crime&CyberSecurityLondon 2018 by

Daniel Söderberg

Thom Thavenius

Massive data breaches continue to make the news on a seemingly daily basis. But after every significant breach, a new threat lurks in the background. Stolen credentials are traded on the Dark Web in their billions. Once acquired, these data sets are used by hackers to bombard third-party websites in credential stuffing attacks. If an unsuspecting account holder has used the same credentials compromised in a separate breach on a third-party site, the hackers can gain access and masquerade as legitimate users. Unfortunately, a culture of password reuse and the rise of massive data breaches mean in many cases these cybercriminals are successful. After gaining access to an account, hackers have free reign to commit fraud, causing a great deal of disruption to both the user and the website owner.These attacks damage a brand’s reputation, and the clean-up can be very costly indeed. Thankfully, by the end of this seminar, you will have discovered a new way to protect your site and your users from this kind of attack. A brand new, next-generation fraud detection platform that will tackle the hackers head on. What attendees will learn:Why credential stuffing attacks are growing in size and frequencyWhat happens when a hacker gains access to an account under the guise of a legitimate userHow the fallout from a credential stuffing attack can decimate consumer confidence in a brandHow a brand new credential validation platform can guard against such attacks