Press Release: Sarasota, FL, June 7, 2013 / By: David Montague, The Fraud Practice LLC
We are starting to see more and more fraudsters focusing larger efforts on using account takeover to perpetrate fraud. Most likely it is because businesses aren’t focused on ATO risk today and there is a vast supply of compromised consumer and business accounts from cases of phishing, pharming, malware and data breaches. Any business that offers users the ability to setup an account or protects their customer information behind a login is at risk to account takeover and a potential target for fraud.