Description: Account takeover is a form of online identity theft in which a cybercriminal illegally gains unauthorized access to an account belonging to someone else. Once the fraudster has used the stolen credentials to log into an account, they may do one of several things. The most straightforward and obvious option is to use the payment method on file to make a purchase. However, there are several other actions the fraudster might take, all of which ultimately lead to a financial loss for the account holder, the business, and/or even an unrelated third party.
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