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FBI Reports $262M in ATO Fraud as Researchers Cite Growing AI Phishing and Holiday Scams

FBI Reports $262M in ATO Fraud as Researchers Cite Growing AI Phishing and Holiday Scams

The Hacker News(2 weeks ago)Updated 2 weeks ago

The U.S. Federal Bureau of Investigation (FBI) has warned that cybercriminals are impersonating financial institutions with an aim to steal money or sensitive information to facilitate account...

The U.S. Federal Bureau of Investigation (FBI) has warned that cybercriminals are impersonating financial institutions with an aim to steal money or sensitive information to facilitate account takeover (ATO) fraud schemes. The activity targets individuals, businesses, and organizations of varied sizes and across sectors, the agency said, adding the fraudulent schemes have led to more than $262

Source: This article was originally published on The Hacker News

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