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tmekelburg1
Community Champion

SVB Account Phishing Attempts

Public Service Announcement.

 

Be sure to let your accounting debt. or business office know to be highly suspicious of any payment change requests from your vendors in relation to the SVB closing over the weekend. Downstream effects from this can result in your vendors switching banks for future payments, so double check, out-of-band, to make sure the change is legit.    

1 Reply
dcontesti
Community Champion

Great warning to folks

 

Here is an article about the FDIC willing to protect deposits after sudden collapse.

 

https://www.msn.com/en-us/money/markets/feds-could-protect-all-silicon-valley-bank-deposits-amid-sea...

 

d