Email Compromise & Tech Support Scams on the Rise!

Special Guest, Doris Roof, (Senior Fraud Specialist from Montecito Bank & Trust), says that email compromise scams are on the riise, especiallly for businesses. Here's how it works. A business receives an email from a vendor, asking them to change the routing number and account number on their ACH deposits. If the person who receives the request believes it and makes the change, (without double checking that the request is legitimate), they may be tricked into making a deposit directly into the scammers account! Another scam that's on the rise is the Tech Support Scam. Here's how it works: The scammer manages to cause your computer to start flashing a warning on your screen, urging you to contact them immediately because your computer has been installed with malware. Don't believe it! The scammer is trying to get you to call or let them take control of your computer. Then in addition to stealing your information, they'll charge you to 'supposedly' fix your computer. If this happens to you, immediaatelly turn off and UNPLUG yor computer.