What can Fraudster do with your email account?
Learn about the information someone can get just from your email address. It may seem odd at first, but an email account is a lode for Fraudster. A hacker can do more with your email than you think. Eg: they can cause damage to your identity and finances.
So why do Fraudster want your email address? What can a fraudster do with your email address and phone number? And what can you can do if they crack your password?
WHAT CAN FRAUDSTER DO WITH MY EMAIL ADDRESS: Fraudster typically get into an email address either via brute-force attacks or through a database leak. Once they've gained access, they can perform several action with your email account
(1) They can pose as you: it's common knowledge that you should never trust an email that isn't from someone you trust. Eg: this emails claiming you won $4 million in a lottery you never entered. However, fraudster are finding a way around this. While the tip makes us more critical of emails sent from a stranger, it also makes more trusting of emails sent by people we know. Fraudster use this weakness by hacking email accounts, then using that account to contact the victim's love ones. If the fraudster is good at posing as people, they can trick the victim's contacts into believing they're talking to the victim.
From this point, the fraudster can ask the victim to do whatever they please. They may claim that they're in some financial trouble, asking the friends to transfer some money to the hacker. They could send a link to malicious program and claim it's a video of the friend doing something embarrassing. As such, you should be very careful, even if it's apparently your friend sending you an email try to contact them over the phone or via another method.
THEY CAN CRACK THE PASSWORD ON YOUR ACCOUNT: if you sign up to a website with sup-par security practices, they'll send you an email confirming your username and password when you sign up to them. All this will be in a plain view for anyone who gains access to your email. Most sites don't even disclose the password in the sign up email for this reason. These emails are however likely to mention your username in the sign up email which your username in the sign up email which a fraudster can use to gain access to the account. Eg: if you use the same password on your email account for everything else, the fraudster already has the password they need to access your other accounts. If you don't, the fraudster can still request a password reset from each site. The website sends a reset email to your account which the fraudster can then use to change it to their caprice.
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