Three types of account fraud you may experience in the coming months.
Cybercriminals were out in full force this past year using fear of the coronavirus and reduced security to prey on consumers and people working from home. As a result, identity theft losses climbed to $56 billion in 2020, up from $16 billion the prior year. This increase has largely been driven by account fraud. Below are the three types of account fraud you should be aware of: Account Takeover (ATO): ATO fraud occurs when a cyber thief takes control of a legitimate account t