FBI Warns of Surge in Account Takeover (ATO) Fraud Schemes

FBI Warns of Surge in Account Takeover (ATO) Fraud Schemes — What You Need to Know www.fortra.com/blog/fbi-… Account takeover fraud (ATO) occurs when a malicious actor compromises and gains control of an account without legitimate authorisation. These accounts often include banking, email, and social media profiles, typically accessed after credentials are stolen through phishing, malware, data breaches, or social engineering. The FBI recently issued a public service announcement noting that, since January 2025, more than five thousand one hundred ATO-related complaints have been recorded, representing losses exceeding US$262 million.