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Bank Impersonation Scam: Breaking Down The Breach
Cybercriminals do not always rely on advanced tools or technical exploits. In many cases, the most effective attacks are the simplest, targeting people rather than systems. Two recent incidents that occurred just four days apart show how devastating a single phone call can be when an attacker successfully impersonates a trusted institution. In both cases, the victims believed they were protecting themselves from fraud when in reality they were handing over the keys to their accounts. This highlights the critical need for awareness about the bank impersonation scam. The attackers posed as repre
Cybercriminals do not always rely on advanced tools or technical exploits. In many cases, the most effective attacks are the simplest, targeting people rather than systems. Two recent incidents that occurred just four days apart show how devastating a single phone call can be when an attacker successfully impersonates a trusted institution. In both cases, the victims believed they were protecting themselves from fraud when in reality they were handing over the keys to their accounts. This highlights the critical need for awareness about the bank impersonation scam. The attackers posed as representatives from each company’s bank fraud department. By creating a sense of urgency and authority, they persuaded employees to share multi-factor authentication codes that granted access to corporate bank accounts. Within hours, wire transfers moved nearly all available funds, leaving both businesses with significant financial losses and little chance of recovery. IN THIS ARTICLE What happened Two businesses, just four days apart, fell victim to nearly identical scams. Each received a phone call from someone claiming to be from their bank’s fraud department. The caller warned of suspicious charges and instructed the employee to verify their identity. The “verification” involved reading back legitimate multi-factor authentication codes that had
Read full post on wingswept.com
MSPdb™ News
Sioux Falls Tech Talks: Apps & Ale | AI Security 101
Join us in Sioux Falls for Apps & Ale, featuring drinks, appetizers, networking, and practical conversations about AI security Sioux Falls Tech Talks: Apps & Ale | AI Security 101 Thu, Oct 22, 2026 3:00 PM – 5:00 PM ROAM Kitchen + Bar 4525 W Empire Pl. Sioux Falls, SD 57106 Event link Apps &
Join us in Sioux Falls for Apps & Ale, featuring drinks, appetizers, networking, and practical conversations about AI security Sioux Falls Tech Talks: Apps & Ale | AI Security 101 Thu, Oct 22, 2026 3:00 PM – 5:00 PM ROAM Kitchen + Bar 4525 W Empire Pl. Sioux Falls, SD 57106 Event link Apps &
Read full post on xigentsolutions.com
Ransomware Reality: It’s Not If, It’s When
It is a Monday morning. The front desk cannot open the schedule. Files will not open. There is a note on the screen demanding payment. The phones are ringing, but
It is a Monday morning. The front desk cannot open the schedule. Files will not open. There is a note on the screen demanding payment. The phones are ringing, but
Read full post on dpctechnology.com
Office 2021 End of Support: What Boston Businesses Need to Do Now
Office 2021 end of support hit on October 13, 2026, and Microsoft has stopped shipping security patches, bug fixes, and technical support for it. Word, Excel, Outlook, and PowerPoint 2021 still open and still save files normally. What’s gone is the safety net: any flaw discovered in that software from now on stays open, permanently,
Office 2021 end of support hit on October 13, 2026, and Microsoft has stopped shipping security patches, bug fixes, and technical support for it. Word, Excel, Outlook, and PowerPoint 2021 still open and still save files normally. What’s gone is the safety net: any flaw discovered in that software from now on stays open, permanently,
Read full post on bostonmit.com
Cybersecurity in the Age of AI
How a CMMC Enclave Keeps Compliance From Taking Over the Whole Shop
Level 2 doesn't have to mean rebuilding the whole shop. See how scoping a CMMC enclave keeps the 110 practices where they belong.
Level 2 doesn't have to mean rebuilding the whole shop. See how scoping a CMMC enclave keeps the 110 practices where they belong.
Read full post on cnwr.com
Can Technology Purchases Lower Your Tax Burden with Section 179?
Planning laptops, servers, security, or infrastructure? Learn how Section 179 may apply and why implementation timing matters.
Planning laptops, servers, security, or infrastructure? Learn how Section 179 may apply and why implementation timing matters.
Read full post on charlesit.com
How Managed IT Services Can Help Your Business Scale Safely in 2027
Article summary: Business growth adds new users, devices, vendors, and locations, increasing security risk if IT processes cannot keep pace. Managed IT services provide consistent onboarding, identity controls, patching, and vendor oversight that scale alongside the business. This helps growing companies expand securely without creating new security gaps at every milestone. Growth feels great until... Source
Article summary: Business growth adds new users, devices, vendors, and locations, increasing security risk if IT processes cannot keep pace. Managed IT services provide consistent onboarding, identity controls, patching, and vendor oversight that scale alongside the business. This helps growing companies expand securely without creating new security gaps at every milestone. Growth feels great until... Source
Read full post on cloudavize.com
Phishing Drills: How to Run One That Actually Trains Your Team
IT Managed Service Provider: How Manufacturers Choose the Best MSP
Uprite vs Miles IT for San Antonio Managed IT (2026)
Uprite vs Miles IT comes down to where your technicians sit. Miles IT is a ... Learn More
Uprite vs Miles IT comes down to where your technicians sit. Miles IT is a ... Learn More
Read full post on uprite.com
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