Account takeover is on the rise: how to protect yourself

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KUALA LUMPUR, MALAYSIA – Media OutReach – 28 October 2022 – Everyone has a friend who has been subject to account takeover attack. With 24 billion exposed accounts available online, this type of identity theft is now rampant in the digital domain. This article from OctaFX security experts explores the nature of account takeover attacks and advises on how to protect yourself from them.


OctaFX is a global broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services utilised by clients from 150 countries who have opened more than 12 million trading accounts. Free educational webinars, articles, and analytical and risk management tools the broker provides help traders reach their investment goals.

The company is involved in a comprehensive network of charity and humanitarian initiatives, including the improvement of educational infrastructure, short-notice relief projects, and supporting local communities and small to medium enterprises.

In the APAC region, it managed to capture the ‘Decade Of Excellence In Forex Asia 2021’ award and the ‘Best Forex Broker Malaysia 2022’ by Global Banking And Finance Review, World Finance, and Cfi.Co, respectively.