Hijack Damage

 Phishing scams are currently prevalent. 

Phishing is a method in which someone obtains the victim's ID and password, gains unauthorized access, and takes over the victim's securities account. The phishing scammer manipulates the account to sell stocks and other assets in the account, and then uses the proceeds to make large purchases of stocks that are likely to move the stock price. At the point when the purchased stocks rise in price, someone gains profit by selling the stocks held in advance at a higher price.


 It is imperative that countermeasures be taken with "multi-factor authentication."


reference https://l.smartnews.com/m-kNgPBYc/mGK7t0

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