Read if you have Charles Schwab account

Original link: https://leonson.me/2023/8/schwab

If you have Charles Schwab account you must take action NOW to protect your asset from being hacked. I’ll talk about how and briefly talk about why:

how

  1. Before you start, think of an English word that is hard for others to guess but easy for you to remember, between 8 and 16 characters.
  2. Give Schwab a call at 800-435-4000 (double check by searching online if you don’t trust my blog).
  3. Don’t bother their voice menu, talk to a representative.
  4. Once someone answers your call, tell them you want to set up a “verbal password”.
  5. Answer their verification questions and get it setup then you are now safe from a huge cyber security risk.

If at step 4 you are asked to provide “verbal password” and you never set it up before, you should feel alerted: your account is in danger right now!

why

If you don’t do so now, there is a chance that some imposters can call Schwab ahead of you to set that up. Once it’s set up, when you call Schwab and talk to a representative in future, you will have to tell them your “verbal password” which you do not know! So the best way to protect your assets is to call now ahead of the imposters.

I will not talk publicly about details about how imposters use this to steal your money for obvious reasons. I can only say some of my colleagues got money either stolen or nearly stolen, so this is serious and urgent. And for my readers, I sugg est spread the word cautiously because imposters are watching too.

Additional context for Chinese readers

I will write some additional context in Chinese for those who have Chinese heritage, feel free to ignore if you don’t:

Please spread it but please spread it carefully, we need to make our preparations before the northern Myanmar telephony groups know about it!

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