Cybercriminals exploit SVB collapse to steal money and data

The collapse of the Silicon Valley Bank (SVB) on March 10, 2023, has sent ripples of turbulence throughout the global financial system, but for hackers, scammers, and phishing campaigns, it’s becoming an excellent opportunity.

As multiple security researchers report, threat actors are already registering suspicious domains, conducting phishing pages, and gearing up for business email compromise (BEC) attacks.

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