Following the collapse, scammers created imposter websites or sent phishing emails often using variations of "svb" in the URL to trick people. If you see a link that looks like "yahoo.com.svb" or similar:
If you suspect you've clicked a phishing link, I can walk you through the steps to secure your account. yahoo.com.svb
Scammers capitalize on fear. When major financial news happens, follow these rules: When major financial news happens, follow these rules:
Always ensure you are on finance.yahoo.com or svb.com . How to Stay Safe During Financial News Panics In early March 2023, SVB Financial Group (parent
Type the domain name (e.g., finance.yahoo.com ) into your browser yourself. Never click a link in an unsolicited email or SMS, especially if it looks suspicious like yahoo.com.svb .
In early March 2023, SVB Financial Group (parent of Silicon Valley Bank) was seized by regulators after a massive run on deposits. The bank was heavily concentrated in the tech startup sector, and when the startup community panicked, they tried to pull all their money out simultaneously.