Brand Infringement Increases the Risk of Account Takeover Fraud

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1 min read

Fraudsters create fake ‘look alike’ websites to capture data of subscribers/users to capture data for Account Takeover fraud.

In a recent monitoring scan for one of the leading e-commerce portals, we found more than 30 fake websites (in this case marketplaces) created to fraud genuine subscribers/users which potentially increases the risk of Account Takeover fraud. This technique is increasingly becoming widespread where an ordinary digital user falls into the trap and hands over critical information to a scamster who misuses it. Read more