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How VISA is using generative AI to battle account fraud attacks


VISA Security found that enumeration attacks most often succeed by exploiting vulnerabilities in e-commerce platforms, particularly those with inadequate rate limiting or verification processes.

They are early adopters of technologies such as generative AI to improve the quality and scale of their attacks on organizations large and small,” Christophe Van de Weyer, Telesign CEO, told VentureBeat. Don’t miss out on the chance to gain insights from industry experts, network with like-minded innovators, and explore the future of GenAI with customer experiences and optimize business processes. VISA advises its merchants to implement CAPTCHA controls at a minimum, monitor transactions for unusual activities, and use encryption and hardened multi-factor authentication to reduce the risk of an attack.

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