Account takeover fraud occurs when a fraudster obtains confidential information – including user IDs, passwords, PINs, and token codes – and uses it to access online banking accounts, transfer funds or commit other fraudulent acts. Fraudsters gain access by tricking you to divulge your online banking credentials or installing malicious software (malware) on your devices.
Download our checklist (PDF) to help reduce your risk of account takeover fraud.
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