Authorities warn of online financial transactions scam
Crime-fighting authorities have issued a warning to individuals and business to be on the lookout for a scam involving online financial transactions.
According to cyber crime officials, it is a “man in the middle” scam, whereby an unauthorized third party accesses an individual’s or a business’s sensitive data as it is being sent over the internet.
Using this information, the so-called “man in the middle” – the unauthorized third party – gets in between the sender and the recipient of the data and can divert payments into accounts of his or her choice.
Authorities decided to issue the warning, along with a set of guidelines, after a spike of cases employing this method were reported.
You may be interested
The Crusader castle of Chlemoutsi in the PeloponnesePanos - Jan 19, 2021
Imposing, and rich in history, Greece hosts countless medieval castles and fortresses. Each one has a different story to tell…Some…
Independent Panel says WHO and China failed to act fast in Covid-19 responsePanos - Jan 19, 2021
The World Health Organization and Beijing could have acted faster when Covid-19 first surfaced in China, a group investigating the…
Cavusoglu openly threatens Greece with war in front of German Foreign MinisterPanos - Jan 19, 2021
Greece and Turkey might have agreed to sit at the table for exploratory talks at the end of January, but…