When your apps are dormant, you become a more likely target for crooks
If you have banking or e-commerce apps you haven’t opened in months, it’s a good time to make sure no one else is using them, either. Sixty-five percent of accounts that experience an account takeover attack — when an outsider logs in with a victim’s own username and password — have not been accessed by their true owner in more than 90 days, according to forthcoming research from DataVisor, a California-based startup specializing in fraud detection. When an account is dormant for awhile, it’s easier for a crook to use an unsophisticated method to get in, take what they want and get out before they’re caught. It typically works like this: Thieves gather usernames and passwords leaked in previous breaches of popular sites. Then they enter the information into automated tools, which submit those stolen credentials into dozens or hundreds of apps. Successful hits give attackers the means to steal money, use customer loyalty points or temporarily hijack […]
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