Financial Services Information Sharing and Analysis Center: Financial losses associated with account takeovers are decreasing. Many incidents of account takeover are perpetuated via relatively low-tech means, not phishing, says expert. The Federal Financial Institutions Examination Council issued updated guidance for online authentication practices. In 2009, only 86 account takeover incidents were reported, though FS-ISAC did not say how many institutions were affected. In 2010, despite increases in takeover incidents, 36 percent of fraudulent wire attempts were stopped before transfers were approved.”]
Source: https://www.inforisktoday.com/account-takeover-secret-scams-a-4020