Public Breaches Drive Increase in Account Takeover Attempts

Recently, Distil Networks published their 2018 Anatomy of Account Takeover Attacks Report, which highlighted that unethical hackers will employ the use of automated programs to launch account takeover attacks. The report is compiled from data that is drawn from 600 domains that all include a login page.  These account takeover attacks have the ability to validate credentials, gain access to proprietary financial data and sell personally identifiable information on the dark web. 39 percent of account takeover attacks take place between Friday and Saturday which showcases that most bot operators will schedule their attacks when fewer cyber security personnel will be working. Because they use bots, the data about account takeover attacks renders the attacks more predictable.  It is recommended that organizations educate themselves to identify warning signs and be prepared for the times when most of these attacks occur.

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