How Hackers Are Capitalizing on Direct Deposit Accounts

Direct deposit is a common practice in today’s world, and it’s how the majority of Americans prefer to be paid for their work. The National Federation of Independent Business (NFIB) estimates that nearly 60% of all employees use direct deposit to receive their pay check. On top of that, more than 90 percent of social security checks are paid via direct deposit. Unfortunately, hackers have begun figuring out how to use direct deposit to their advantage, by breaking into people’s accounts and steal money. 

Read the article over at psafe here.

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