Defending Against SMS Pumping Fraud: A Comprehensive Guide for Merchants, Presented by IPQS & Yahoo!
Wednesday, Oct 2, 2024|In this webinar, you will gain insight into the tactics used by cybercriminals to commit SMS pumping fraud and the motivations behind these activities. We will explore how fraudsters target merchants' websites and apps to set up SMS pumping schemes. For example, we will discuss how attackers deploy bots to flood merchants' account sign-up and login flows with bogus traffic and trigger premium cost SMS verification messages.
Discover how to avoid losses from these attacks by strengthening your defenses against SMS pumping and other bot-driven abuse. We will delve into the best signals that merchants can use to detect these attacks and protect their operations in a cost-effective manner. Additionally, we will discuss the primary tactics employed by fraudsters to circumvent detection and bypass known security systems, highlighting the role of up-to-date risk intelligence in identifying more malicious traffic.
Learning Objectives:
- Explore the intricacies of SMS pumping fraud targeting merchants
- Learn to detect and combat SMS pumping fraud effectively
- Discover strategies to avoid costs associated with SMS pumping fraud
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