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On-platform chain hacking
This is when a fraudster gains control of an account and begins to impersonate the legitimate owner. The goal is to convince people to reveal authentication codes that are sent to them via text. Many victims of this type of hacking believe it’s a friend messaging them, however, the shared code was associated with their own account and the impersonator can now use it to access their account. Usually, when an account is taken over, fraudsters monetise control of the account via the promotion of various fraudulent schemes, while impersonating the original account owner.
Leaked passwords and phishing
The other predominant method of hacking reported is leaked information used from data breaches, such as leaked passwords, or account details gained via phishing scams. This becomes prevalent as people often use the same password for multiple accounts, so a leaked password from one website can leave many of their online accounts vulnerable to hacking.
If you live in England, Wales and Northern Ireland and have been a victim of fraud or cybercrime, report it at www.actionfraud.police.uk or by calling 0300 123 2040. In Scotland, victims of fraud and cybercrime should report to Police Scotland on 101.
If you receive a suspicious email, you can report it by forwarding the email to: report@phishing.gov.uk
Find out how to protect yourself from fraud: Gov.uk/stopthinkfraud
The Association was founded in 1933 to protect the interests of residents and preserve the local amenities.
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