tag = "Cybercrime"
Cyberespionage Phishing Attack, Backoff Malware Spreads, Retail Breach and more | TWIC – October 24, 2014
Each week, the PhishLabs team posts The Week in Cybercrime (TWIC) to recap noteworthy cybercrime articles and reports (open source). Think community financial institutions aren’t in the crosshairs for account takeover? Think again. (PhishLabs) There is clear evidence that account takeover (ATO) is a big problem and growing worse. The Federal Reserve Bank of Atlanta […]
Think Community Financial Institutions Aren’t in the Crosshairs for Account Takeover? Think Again
There is clear evidence that account takeover (ATO) is a big problem and growing worse. The Federal Reserve Bank of Atlanta sounded the alarm in a report delivered last year, estimating 69% growth in account takeover fraud and $69 billion in losses from 2011 to 2012.