MyPay, the on-line pay system utilized by the US Military, has seen a recent increase in hacker activity leading to stolen account information and the diversion of pay for some individuals. The bad news is that if a thief can access your myPay account, they can not only divert your funds, but they have access to other private information including your Social Security Number, bank account and routing numbers, address, date of birth, and other important data that can be used to steal your identity. Once thieves steal your identity they can fraudulently open credit accounts and otherwise ruin you financially.
Recently at least 10 myPay accounts have been accessed and had the funds diverted to other accounts. It appears as though most attacks have come through keylogger software that tracks each keystroke made on your computer. Phishing is another popular method for thieves to get personal information from individuals.
Here is an article from myPay about how to protect your computer and myPay account.
The great news is that myPay will soon be implementing an onscreen virtual keyboard to access your myPay account. This should diminish the effects of keylogger software being used to compromise myPay accounts. They have not yet reported when the virtual keyboard access will launch.
If you believe you may have had your myPay account accessed or your identity stolen, you should immediately contact myPay officials as well as the appropriate authorities.