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Authorities Warn of Rising Fraud in Online Securities Trading

Regulators urge stronger account protections as phishing scams drive increase in unauthorized access and fraudulent transactions.

Summary

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Terms & Concepts
  • Phishing: A type of cyberattack where attackers trick individuals into revealing sensitive information like passwords or financial data.
  • Unauthorized Access: Gaining entry to a system or account without permission, often leading to data theft or fraud.