PYMTS | May 6, 2021 – With so much of life lived on devices, those devices are where hackers are finding what they need to hijack user accounts and do the most damage.
The entire process of account hijacking, or account takeover — in which bad actors steal identities by gaining illegal access to user accounts – has spiked with the digital-first economy.
“Mobile games are proving especially attractive to fraudsters, as younger users are particularly vulnerable to downloading them, especially when they are free,” said Fox. “All an attacker needs are internet and SMS privileges (common permissions when downloading and installing an app), and they can conduct a considerable amount of surveillance on compromised devices. And then when you click on the app, all of a sudden, you can be hijacked.”
For the complete interview, visit NuData: Countering Account Hijacking With Behavioral Analytics.