Attempted account takeover (ATO) attacks swelled 282 percent between Q2 2019 to Q2 2020, Sift reveals. Likewise, ATO rates for physical ecommerce businesses — those that sell physical goods online —jumped 378 percent since the start of the COVID-19 pandemic, indicating that fraudsters are leaning heavily on this attack vector in order to steal payment information and rewards points stored in online accounts on merchant websites.

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