Cybersecurity firm Kaspersky says account takeover incidents in finance industry increased 20% in 2020

According to the Kaspersky Fraud Prevention report, account takeover incidents in the finance industry increased by 20 percent in 2020 compared to the previous year. As per anonymised statistics of events detected by Kaspersky Fraud Prevention from January to December 2020, the share of such incidents increased from 34 percent in 2019 to 54 percent in 2020, of which two schemes to get access to a bank account ‘the rescuer’ and ‘the investor’ remained common since 2019.

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