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Your Bank Account's Safety is Your Responsibility

Anne Bisagno

39 SECOND READ

When fraud siphons cash out of your individual bank account, the law requires your bank to cover your losses in most cases. That's not the case for business accounts, even for one-person businesses. For the small business owner who gets stung by a cybercriminal, that can make a bad situation far worse.


We've discussed basic steps for avoiding cyber fraud before, but these recommendations bear repeating:

  • •  Teach your employees the early warning signs of fraud 
        Change passwords frequently 
      Require two people to approve any funds transfers or changes to your list of authorized payees 


      Perform all your financial transactions on a computer that's both password-protected and not connected to the rest of your network 

If you have questions, or if you think you're being targeted, our security experts are here to help you protect your network — and your bank account.

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