Hackers steal $24k from Mahwah businessman’s bank account

After big corporations and the government agencies, hackers are now targeting individuals. The hackers stole $240,000 from a local businessman’s bank account in Mahwah by hijacking his phone number.  

According to a report published on CSB New York, at first, the hackers followed and observed the local businessman and gained enough his personal information to convince his bank to wire $240,000 overseas.

Chief of Police James Batelli said that the phone number of the businessman had been hijacked so when the bank called to verify the hackers answered. However, the bank did not get a clue that it was talking to the hackers overseas.

“That is call forwarded to Brussels and the person on that end answers all the proper security questions, which was social security numbers, mother’s maiden name, hospital they were born in; and the bank thinks they’re talking to the person authorized to allow that transfer to go through,” said Batelli.

Batelli said that in order to protect personal information, people should regularly change their security questions.
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