Takeover definition
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#TAKEOVER DEFINITION FULL#
These include both password spraying (guessing common passwords for a given user) and credential stuffing (guessing full credential pairs). Here’s how attackers usually compromise legitimate accounts: The foundation for a successful account takeover is access to a user’s account credentials. These types of attacks often target healthcare, the public sector, and academic institutions. Personal information can also be used in phishing and spam campaigns to make the fraudulent communications more believable, and help criminals target their victims. Private information is very valuable as it can be used to perpetrate identity theft in many ways: applying for lines of credit under the victim’s name, committing insurance fraud, or obtaining credit card information are all popular.
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In other scenarios, the criminal’s goal is to collect personally identifying information (PII).
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Cybercriminals usually look for the easiest way to make money, which currently involves the sale of private information, ransomware, or stealing cryptocurrency. As the 2021 Verizon DBIR notes, the most common threat actor motivation is financial. What types of organizations are targets of ATO attacks?įraudulent account access to customer accounts has always been a concern for financial institutions, but today ATO attacks can affect any organization with a customer-facing login.