Cybercrime often starts quietly, with access to a single inbox. After compromising an email account, attackers monitored a vendor payment conversation and redirected funds during what appeared to be a routine process change. There were no outages or visible warnings, only a familiar thread and updated bank details. Read more to see how the scheme unfolded and why verifying payment changes through a trusted second channel can prevent funds from being diverted. https://msft.it/6049Q57RR
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Are you linking your banking to a consumer grade e-mail account? If your banking application is underpinned by a "mom and pop" e-mail account you could be at risk. @gmail / @outlook / @isp.co.za these are generally consumer grade - you get what you pay for. Many of these simple mail accounts fall prey to phishing or credential smurfing allowing attackers access to your mailbox. If that mailbox is linked to your banking application, you could be in for a world of trouble. Consider your primary mail address and what level of security it has attached to it, what you pay for it and where you use it. Free e-mail services should never be used at any transactional level. Think before you click!
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Fraudsters are getting smarter. One of their most common tactics is asking you to share your One Time Password (OTP). Here is why this matters. An OTP is part of Multi Factor Authentication (MFA), one of the strongest security measures protecting your account. MFA combines: • Something you know: your password • Something you have: your phone with the OTP • Something you are: biometrics, like fingerprint or Face ID When a fraudster asks for your OTP, quite often your login password has already been compromised. The OTP is now the last control standing, the one barrier still protecting your money. Banks always remind clients: “We will never ask you to share your OTP over the phone.” A legitimate bank employee does not need your OTP and cannot see it. Sharing it is effectively giving fraudsters permission to access your account. Your OTP is your digital signature. Keep it secret. Protect your money. If someone asks for your OTP, stop the conversation and contact your bank directly using the official number
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⚠️ Important Notice ⚠️ Orange County Government is aware of a scam attempt in which customers are asked via email to wire transfer fee payments. The email claims to be from an Orange County employee or board member and includes the Orange County logo in the signature. Here’s important information to know to protect yourself from phishing attempts like these: 🔸 All Orange County Government email accounts end in @ocfl.net 🔸 All payments for Orange County Zoning, Planning, or Building Safety services must be made through the Fast Track Online Services portal or at an authorized Orange County cashiering location. We will never ask for payment in bitcoin or wire transfer. 🔸 Staff will never request or accept payment directly for any service. This policy helps maintain the integrity of our processes and protects residents, businesses, and employees. If you have any questions, please contact Planning@ocfl.net or Zoning@ocfl.net
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The French Ministry of Finance has disclosed a cybersecurity incident that impacted data associated with 1.2 million user accounts. The investigation discovered that hackers gained access to the national bank account registry (FICOBA) and stole a database containing sensitive information. The Ministry's announcement notes that in late January, a threat actor used credentials stolen from a civil servant with access to the interministerial information sharing platform. The credentials gave the hacker access to part of a database that contained all bank accounts opened in French banking institutions and personal data: Bank account details, including RIBs/IBANs Account holder identity Physical address Taxpayer identification number (only in some cases https://lnkd.in/dMU_3kfg
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According to the FBI’s 2024 Internet Crime Report, BEC scams caused roughly $2.77 billion in losses last year alone, more than many other forms of cybercrime. This isn’t an abstract “cybersecurity” problem. It is a real risk to cash flow and financial controls - with small and mid-sized businesses being disproportionately targeted. Email identity is still treated as de-facto trust. The message looks familiar. It arrives from a known partner. It changes payment instructions. And a six-figure invoice gets paid without a second thought. In 2026, that is unacceptable. Having bank details is not the same as knowing the recipient is who they claim to be. Before you hit send on a $50k payment: • confirm that the counterparty identity is verified • control that catch altered invoices • have safeguards that do not rely solely on familiar email headers. If you are a small business, you need such process in place now more than ever. Fraud doesn’t just walk in the front door. It disguises itself as someone you think you know.
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Payment security can’t be an afterthought. Before launching payments, software platforms need to understand the difference between payment fraud prevention and detection and why both matter. Read the blog: https://lnkd.in/eVGQMGZp
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Massive Data Breach Exposes 1.2 Million Accounts in French Bank Registry French Bank Registry Data Breach Affects 1.2 Million Accounts In a recent cybersecurity incident, the French Ministry of Finance revealed that approximately 1.2 million user accounts were impacted by a data breach. The breach involved unauthorized access to the national bank account registry (FICOBA) and the theft of a database containing sensitive information. According to the investigation, hackers exploited credentials stolen from a civil servant with access to the interministerial information sharing platform in late January....
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A vendor for the City of Bloomington suffered a ransomware cyberattack early this month. That criminal action disrupted about 1,500 credit and debit card payments to the city.
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The French Ministry of Finance has disclosed a cybersecurity incident that impacted data associated with 1.2 million user accounts. The investigation discovered that hackers gained access to the national bank account registry (FICOBA) and stole a database containing sensitive information. The Ministry's announcement notes that in late January, a threat actor used credentials stolen from a civil servant with access to the interministerial information sharing platform. #staycurious #stayinformed #compliancereview #partnerreview #noble1 #tomshaw TOM SHAW
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Free public WiFi is not always free. Risks include: Password theft Account access Data interception Avoid logging into banking or sensitive accounts on open networks. Convenience should not cost you security. #riskit #tmooremultisystem
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