A new wire fraud scam targets your direct deposit info and sends your paycheck to a criminal's account
Around two or three times per month, KVC Health Systems, a mid-sized non-profit agency for child welfare based in Kansas City, receives phishing emails from criminals with the goal of re-routing an employee's paycheck by direct deposit.
The fake emails defy many existing controls for malicious communications, he said. They are usually well-written, cordial and lack the misspellings, grammar mistakes and exclamation points that would trigger many popular email filters that search for spam or phishing attempts. Many companies"have put processes in place to validate big wire transfers, so now [criminals] want to stay under the radar. It's a new approach, and every day we have more customers reporting it," he said. Gendre said a dozen Vade companies have reported attempts to change direct deposit information.
Why would scammers target a non-profit? Nyberg said he expects that the organization may be attractive in part because of its genial culture:"The nature of our work is helpful, people who are very literally here to help other people. They might also believe that our training isn't as rigorous as a Fortune 500 company," he said.
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