Direct Deposit Changes
Recently, phishing emails have become convincing, going so far as to create fake websites that mimic Banweb.
In the past few weeks, several users entered their Michigan Tech ISO username and password into one of these fake sites, which gave those credentials to the perpetrators of the phishing attack. Almost immediately after receiving the credentials, the perpetrators of the phishing attack logged into Banweb using the stolen credentials and changed payroll direct deposit locations to a new bank.
All affected users have already been notified. We are working toward the implementation of multi-factor authentication to solve this issue in the long term. This will mean that, for critical systems, you will need a username, password and a second "factor" to login.
This second "factor" is usually a six-digit code that is sent to you via SMS (text), submitted through a smartphone app, or generated via a hardware token.
Effective Tuesday (March 14), if you wish to make a change to your direct deposit for payroll or any refunds (travel, loans, scholarships, etc.) via your Banweb account, you will need to use a computer connected to the campus network.
For employees, any work computer or personal device connected to campus network or wireless will have access. For students, any computer connected to the residential network, computer lab or personal device on campus wireless will have access.
If you want to change your direct deposit via Banweb, you will have to come to campus and connect to the campus network to make a change. Using the campus VPN will not provide access to work around this. If you are not on campus and go to Banweb to pick the option to change your direct deposit information, you will be redirected to a web page explaining this change and steps to take to change your direct deposit.
If you are not on campus and wish to make a change, contact one of these departments: Payroll Direct Deposit: Payroll Services 7-2130 Employee Refunds (non-payroll): 7-2436 Student Refunds: Financial Services 7-2243