Glossary
account takeover attacks Targeting the financial transactions of organizations, cyber-criminals (see APT) attempt to break into online banking transactions to steal funds by gaining access to online accounts and transferring funds to offshore accounts. These attacks have been successful against small- and medium-sized organizations with losses in the six- to seven-figure range. The U.S. Chamber of Commerce, NACHA, the Electronic Payments Association, FBI, and U.S. Secret Service have issued advisories. The problem was so bad at one point ...