The best source of SMB funds is SMB bank accounts, obviously, and according to the FBI, those accounts are precisely what the crooks are going after.
The best source of SMB funds is SMB bank accounts, obviously, and according to the FBI, those accounts are precisely what the crooks are going after.An FBI warning of criminal takeover of corporate accounts makes clear that cybercrooks are getting more aggressive about gaining access to SMB accounts, draining them quickly, and moving on.
The attackers have also been known to go after customer lists, as well contractor, vendor and partner information, further spreading malware and wreaking further potentially catastrophic financial havoc.
Once an account is compromised, the criminals have several paths to draining your resources, including:
Electronic funds transfers
Counterfeit checks based on records taken from electronic check archives
Telephone impersonation of the compromised executive
In addition to strong and thorough security tools and technologies, defensive measures the Bureau recommends include re-emphasizing the need for wariness regarding e-mail and attachments (many of the scam attempts employ attachments that appear to be PDFs or Office files).
Because the thieves often have access to a company's e-mail lists, your wariness needs to extend to familiar e-mail, as well as names you don't recognize, or unexpected (and phony) e-mail from institutions and companies that have no reason to send you anything, much less anything with an attachment or a request for information.
All of this advice -- all of it good -- needs to be presented clearly and firmly to all employees, most definitely including the top executives, managers and supervisors at your company.
That last point is one of the crucial ones here.
Do your efforts to make sure that your employees are educated about basic security matters extend all the way up the organizational chart?
They'd better. Your bank accounts, and ultimately your business, may depend on it.
Building A Mobile Business MindsetAmong 688 respondents, 46% have deployed mobile apps, with an additional 24% planning to in the next year. Soon all apps will look like mobile apps – and it's past time for those with no plans to get cracking.