FBI: bank impersonators fuel $262M surge in account takeover fraud
Security Affairs
Actively Exploited
Summary
The FBI has reported a significant increase in account takeover fraud, with cybercriminals impersonating banks to steal over $262 million since January 2025. This surge highlights the growing threat of identity theft and financial fraud, emphasizing the need for enhanced security measures by both consumers and financial institutions.
Impact
Online financial accounts, payroll accounts, health-savings accounts
In the Wild
Yes
Timeline
Ongoing since January 2025
Remediation
Consumers and financial institutions should implement multi-factor authentication, monitor account activity closely, and educate users on recognizing phishing attempts.