It is obvious that account takeover is slowly becoming the norm of the day. Most people complain that their credential have fallen into the wrong hands or third parties. Their information is then used by the criminals to commit theft and fraud. Once the information has been stolen, it is sold to another set of underground criminals. Sadly, the information stolen could be very sensitive to an extent that they may end up causing damage that is likely to last for a very long period time. This article highlights some of the methods that can be used to ensure that account takeover has been prevented.
Account takeover takes follows different phases. The breach is the first phase that involves finding some of the websites that are more vulnerable. This is a process that allows the thieves to have access to the user database. The criminals are therefore able to access your date of birth and gender. Target attacks are then launched in the second phase. The information gathered by these criminals is considered to be very important at this point. However, the criminals will not use the information immediately, but will wait for the right time to use it.
After stealing the data, the criminals will then find themselves trusted advisors whose work is to help them decrypt the passwords. It has now been established that these criminals mainly target high profile individuals. The criminals will then use such information to extract money from these individuals. The information is then sold to the criminals who are less sophisticated. The stolen information is now considered to be a commodity at this point.
The fourth phase involves stuffing of the credentials. Once the less sophisticated criminals have purchased the information, they try to use the credentials to access other websites. They use various tools to ensure that this has been achieved. It is obvious that most thieves are completely aware that most people use the same passwords on different accounts and this makes their work even easier. Their interest is to ensure that your information has been exposed to the public. Luckily, one of the things that can be done is fortifying your passwords.
Prevention of fraud is one of the things that should be done to ensure that your account has been protected. This means that previously compromised passwords should not be used again. The passwords should not be easily guessed. You should also ensure that you have acted fast immediately the passwords have been stolen. In conclusion, you should prevent selling of stolen credentials to underground criminals.