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FBI: Cybercriminals stole $262M by impersonating bank support teams

BleepingComputer
Actively Exploited

Summary

The FBI has reported a significant increase in account takeover fraud schemes, revealing that cybercriminals impersonating bank support teams have stolen over $262 million since the beginning of the year. This surge highlights the growing threat of ATO attacks, emphasizing the need for individuals and financial institutions to enhance their security measures to prevent such impersonation scams.

Original Article Summary

The FBI warns of a surge in account takeover (ATO) fraud schemes and says that cybercriminals impersonating various financial institutions have stolen over $262 million in ATO attacks since the start of the year. [...]

Impact

Financial institutions, banking support teams

In the Wild

Yes

Timeline

Ongoing since the start of the year

Remediation

Enhance security measures, educate customers on recognizing phishing attempts and impersonation scams

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