Microsoft warns of new “Payroll Pirate” scam stealing employees’ direct deposits
Microsoft has warned about a new "Payroll Pirate" scam that targets employees' direct deposit information. The scam involves cybercriminals impersonating HR or payroll personnel and tricking employees into providing their login credentials, which are then used to access and change the employees' direct deposit information. According to Microsoft, the scammers have found ways to bypass multi-factor authentication, making it harder for victims to detect the fraud. Once the direct deposit information is changed, the scammers can divert the employees' paychecks to their own accounts. The article emphasizes the importance of being vigilant and verifying the legitimacy of any requests for sensitive information, even if they appear to be from trusted sources within the organization. Employees are advised to report any suspicious activity to their IT or HR departments immediately.
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