The recent collapse of Silicon Valley Bank (SVB) has contributed to a new influx of scams seeking out people’s financial and personal information. Attackers are impersonating vendors and sending falsified invoices and account change forms that direct people to scammer-controlled accounts.
What to look out for
Whether you had an account with SVB or not, everyone is at risk of receiving these phishing attacks. Over the next few weeks, keep an eye out for:
Emails, calls, or text messages purporting to be from SVB asking you to confirm or take action on payment, banking, or invoice details.
Links to suspicious websites offering assistance after the crash, such as svbcollapse[.]com, svbclaim[.]com, or svbdebt[.]com.
Messages purporting to be from any financial institution asking you to take action on your banking accounts or submit unexpected payments (e.g, PayPal, Venmo, etc.).
What do you need to do?
If you receive any suspicious messages in your WCM email account, report them using Phish Alarm, which will allow our Security team to review them for authenticity.
If suspicious messages are sent to your personal email account, it’s best to confirm directly with a financial institution that the message is legitimate. Look up the vendor’s information and contact their customer service phone number to ensure that banking or payment-related messages you receive are genuine.