Cybercriminals have started taking advantage of Silicon Valley Bank’s (SVB) downfall to carrying out scams that can steal money and bank account information or infect customers’ systems with malware. SVB was shut down on 10 March 2023 by the California Department of Financial Protection and Innovation and the Feds after the bank failed to raise capital to keep running.[1]
See: https://redskyalliance.org/xindustry/svb-bank-run-not-good
SVB customers are expected to transfer their financial oper
