{"id":7084,"date":"2017-08-29T12:36:23","date_gmt":"2017-08-29T04:36:23","guid":{"rendered":"https:\/\/staging.bankvaultonline.com\/?p=7084"},"modified":"2017-08-29T12:36:23","modified_gmt":"2017-08-29T04:36:23","slug":"cybercrime-757000-trust-account-theft","status":"publish","type":"post","link":"https:\/\/www.bankvault.com\/cybercrime-757000-trust-account-theft\/","title":{"rendered":"Cybercrime: $757,000 Trust Account Theft!"},"content":{"rendered":"

The victim of the sophisticated cybercrime, a REINSW member agency, warned others that it could happen to them and to make changes to ensure they are protected.<\/p>\n

Over $757,000 was stolen, and they witnessed one of the five fraudulent transactions being processed and approved on their online banking system in front of their eyes.<\/p>\n

\u201cIt is important that agencies become more aware of cybercrime and check the systems they have in place to protect themselves, because this type of crime is growing exponentially.<\/p>\n

The principal said: \u201cI have been a principal for over 20 years, am very thorough and careful in what I do. Many agencies will think it can\u2019t happen to them because they have systems in place, but they need to be aware that it can happen to anyone.\u00a0READ THE FULL STORY<\/a><\/p>\n

“Complacency is your biggest enemy”.<\/h1>\n

You can stop Trust Account Hacking<\/strong><\/h2>\n

A follow-up article by REINSW, Macquarie Bank and BankVault offers tangible solutions to real estate agencies and all who manage trust accounts. Macquarie Bank has produced a\u00a0fraud advice series.<\/p>\n

BankVault.com\u00a0provides solutions – a mix of technology and social reengineering to prevent issues such as \u201cman-in-the-browser\u201d or \u201ckey-loggers\u201d which secretly capture keystrokes. READ MORE HERE<\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The victim of the sophisticated cybercrime, a REINSW member agency, warned others that it could happen to them and to make changes to ensure they are protected. Over $757,000 was stolen, and they witnessed one of the five fraudulent transactions being processed and approved on their online banking system in front of their eyes. \u201cIt […]<\/p>\n","protected":false},"author":2,"featured_media":7169,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417,418],"tags":[],"class_list":["post-7084","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blogs","category-stories"],"yoast_head":"\nCybercrime: $757,000 Trust Account Theft! - BankVault<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bankvault.com\/cybercrime-757000-trust-account-theft\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cybercrime: $757,000 Trust Account Theft! - BankVault\" \/>\n<meta property=\"og:description\" content=\"The victim of the sophisticated cybercrime, a REINSW member agency, warned others that it could happen to them and to make changes to ensure they are protected. Over $757,000 was stolen, and they witnessed one of the five fraudulent transactions being processed and approved on their online banking system in front of their eyes. \u201cIt […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bankvault.com\/cybercrime-757000-trust-account-theft\/\" \/>\n<meta property=\"og:site_name\" content=\"BankVault\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/BankVaultOnline\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-29T04:36:23+00:00\" \/>\n<meta name=\"author\" content=\"BankVault\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@bankvaultonline\" \/>\n<meta name=\"twitter:site\" content=\"@bankvaultonline\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"BankVault\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cybercrime: $757,000 Trust Account Theft! - BankVault","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bankvault.com\/cybercrime-757000-trust-account-theft\/","og_locale":"en_US","og_type":"article","og_title":"Cybercrime: $757,000 Trust Account Theft! - BankVault","og_description":"The victim of the sophisticated cybercrime, a REINSW member agency, warned others that it could happen to them and to make changes to ensure they are protected. Over $757,000 was stolen, and they witnessed one of the five fraudulent transactions being processed and approved on their online banking system in front of their eyes. \u201cIt […]","og_url":"https:\/\/www.bankvault.com\/cybercrime-757000-trust-account-theft\/","og_site_name":"BankVault","article_publisher":"https:\/\/www.facebook.com\/BankVaultOnline\/","article_published_time":"2017-08-29T04:36:23+00:00","author":"BankVault","twitter_card":"summary_large_image","twitter_creator":"@bankvaultonline","twitter_site":"@bankvaultonline","twitter_misc":{"Written by":"BankVault","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bankvault.com\/cybercrime-757000-trust-account-theft\/#article","isPartOf":{"@id":"https:\/\/www.bankvault.com\/cybercrime-757000-trust-account-theft\/"},"author":{"name":"BankVault","@id":"https:\/\/www.bankvault.com\/#\/schema\/person\/76e0aa85d5ac5405b47c0760eb9ab639"},"headline":"Cybercrime: $757,000 Trust Account Theft!","datePublished":"2017-08-29T04:36:23+00:00","dateModified":"2017-08-29T04:36:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bankvault.com\/cybercrime-757000-trust-account-theft\/"},"wordCount":207,"publisher":{"@id":"https:\/\/www.bankvault.com\/#organization"},"image":{"@id":"https:\/\/www.bankvault.com\/cybercrime-757000-trust-account-theft\/#primaryimage"},"thumbnailUrl":"","articleSection":["blogs","Stories"],"inLanguage":"en-AU"},{"@type":"WebPage","@id":"https:\/\/www.bankvault.com\/cybercrime-757000-trust-account-theft\/","url":"https:\/\/www.bankvault.com\/cybercrime-757000-trust-account-theft\/","name":"Cybercrime: $757,000 Trust Account Theft! 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