The FBI is warning the public about a new scam in which cyber criminals could access your bank account and steal money.

Known as account takeover fraud schemes , cyber criminals are impersonating financial institutions to steal money or information. They target individuals, businesses and organizations of all sizes and sectors.

These online criminals gain unauthorized access to the targeted online financial institution, payroll, or health savings account, with the goal of stealing money or information for personal gain.

Since January of this year, the FBI’s Internet Crime Complaint Center received more than 5,100 complaints of this scam, with losses exceeding $262 million.

How it works is the cyber criminal impersonates the financial institution’s staff or website, to obtain access t

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