FBI Reports $262M in ATO Fraud as Researchers Cite Growing AI Phishing and Holiday Scams
FBI reports over $262M lost to account takeover (ATO) fraud this year, targeting various sectors through social engineering and phishing. Cybercriminals impersonate financial institutions to steal sensitive information and funds. Users are advised to monitor accounts and protect personal information. The rise of AI in phishing tactics is linked to increased holiday scams, with significant vulnerabilities exploited across e-commerce platforms. A shift towards sophisticated purchase scams is noted, involving authorized payments by victims, complicating fraud detection.
https://thehackernews.com/2025/11/fbi-reports-262m-in-ato-fraud-as.html












