Security News > 2020 > November > Check Washing

2020-11-30 15:22
"Check washing" is a practice where thieves break into mailboxes, find envelopes with checks, then use special solvents to remove the information on that check and then change the payee and the amount to a bank account under their control so that it could be deposited at out-state-banks and oftentimes by a mobile phone.
The article suggests a solution: stop using paper checks.
News URL
https://www.schneier.com/blog/archives/2020/11/check-washing.html