Corporate Account Takeover is an evolving electronic crime typically involving the exploitation of businesses of all sizes, especially those with limited to no computer safeguards and minimal or no disbursement controls for use with their bank’s online business banking system. These businesses are vulnerable to theft when cyber thieves gain access to its computer system to steal confidential information in order to impersonate the business and send unauthorized wire and ACH transactions to accounts controlled by the thieves. Municipalities, school districts, large non-profit organizations, corporate businesses, and any customers that perform electronic transfers are potential targets. Losses from this form of cyber-crime range from the tens of thousands to the millions with the majority of these thefts not fully recovered. These thefts have affected both large and small businesses.
We have provided you with an Internet Banking Risk Assessment questionnaire that will assist you in identifying threats and measure the strength of you controls. These controls include personnel security, computer system security and physical security of your systems.
You may print and review the Risk Assessment by clicking the link above (you do not leave our website). Once you have completed the questionnaire, total the answers selected to calculate a summary risk rating for your environment. This risk rating is designed to give a general idea of your risk posture based only on the answers in the questionnaire.