WebJun 29, 2024 · How-to guides can, depending on their purpose, be divided into five categories: account takeover, phishing, doxing, cashing out and synthetic identity fraud. 1. Account takeover. The term “account takeover” refers to a situation where a fraudster gets unauthorized access to a genuine customer’s account, such as online banking accounts ... WebJul 31, 2024 · In recent years, improvements to the computational ability of mobile phones and support for near-field-communication have enabled transactions to be performed by using mobile phones to emulate a credit card or by using quick response codes. Thus, users need not carry credit cards but can simply use their mobile phones.
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