One of the most regular cyberattack complaints occasionally raised by individuals and organisations is a fraud scheme where attackers take control of a victim’s account and proceed to commit cybercrime in the victim’s name and identity.
Known as Account Takeover (ATO) attacks, this identity-based cyber fraud involves attackers using stolen user credentials as a springboard for a variety of crimes including redirecting shipments, money laundering, stealing reward points, reselling subscription information as well as hijacking sensitive platforms like a victims’ bank accounts.
