A former MasterCard vice president of product shared her tips for avoiding account takeovers after almost falling victim to one.
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- A former Mastercard executive almost lost $100,000 to an account takeover scam.
- Scammers accessed her real-estate agent's email and impersonated a title company.
- Account takeover fraud surged 354% in 2023, causing $13 billion in losses, researchers say.
It can happen to anyone, it seems. Even those who work in the finance industry.