This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The creation of fake websites used for phishing-related attacks (which are a top cause of account takeover (ATO)) is a growing problem that has earned cybercriminals an astonishing $1 billion+ in 2023 alone, according to data from the U.S. Federal Trade Commission.
The nonstop intensity of these attacks is vividly illustrated by the fact that malicious bot communications now account for one-third of total Internet traffic. One of the most intensive uses of criminal botnets is account takeovers. Thus, what we’re experiencing today is the blossoming of B2B and B2C commerce transacted digitally.
The user creates an account and gains access to the bot. Account hacking. Account security is always a priority issue. It is quite possible for attackers to gain access to employee accounts — and the data in them — for example, through phishing attacks or credential stuffing.
It depends whether the company is in the B2C market or in B2B. Most small companies don’t always think about risk and if they do think about risk, they actually think about it in very specific, technical ways (like phishing attacks or not putting passwords on Post-It notes). That’s a bigger concern.
We organize all of the trending information in your field so you don't have to. Join 28,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content