Tag: bank security
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Digital wallet fraud: how your bank card can be stolen without leaving your wallet
What is digital wallet fraud and how does it happen? Digital wallet fraud is a growing threat where attackers access your money without ever lifting your physical card. Rather than stealing a card, scammers exploit trust, technology, and gaps in the way banks verify customers. The result can be unauthorised purchases, new payment setups in…
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Digital Wallet Fraud: How Your Bank Card Can Be Stolen Without Leaving Your Wallet
Understanding Digital Wallet Fraud Digital wallet fraud refers to schemes where your bank card details or access to your wallet are compromised, allowing thieves to spend or drain funds without physically taking your card out of your possession. In many cases, the fraud starts with a social engineer’s manipulation rather than a high-tech breach. Victims…
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A Christmas Break Break-In: €30 Million Vanishes in a German Bank Heist
Overview A dramatic Christmas season crime has shocked residents and financial markets alike: an audacious burglary at a Sparkasse savings bank in western Germany, where an estimated €30 million disappeared. Officials say the heist unfolded over the extended holiday period, with investigators concealing few details as they piece together the sequence of events. How the…
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What Happens When You Call a Scammer? How to Protect Yourself This Christmas
Understanding the Tactics Behind scam calls As Christmas scams grow more convincing, many people wonder what actually happens when they dial a scammer’s number. The intent behind these calls is simple: gain trust, extract money, and harvest sensitive information. Scammers increasingly use high-pressure tactics, impersonation, and even real recordings from legitimate bank lines to create…
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Etobicoke CIBC Break-In: Backhoe Crash Aims to Rob Bank in North Toronto Suburb
Overview of the Incident Toronto police are investigating a dramatic attempt to rob a CIBC branch in north Etobicoke, after would-be thieves rammed a backhoe into the bank with the goal of stealing cash. The incident unfolded at a suburban banking hub, where customers and employees reported hearing a loud crash before discovering the break-and-enter…
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Robbers Crash Excavator into Etobicoke CIBC Bank: Police Probe Underway
Incident Overview In a dramatic morning break-in in north Etobicoke, would-be robbers attempted to steal money from a CIBC branch after crashing a backhoe into the bank. Toronto police confirmed they were dispatched to the scene as a break-and-enter in progress and that officers arrived to find damage from the vehicle impact and evidence of…