Corporate Account Takeover Alabama

InfoSight's Corporate Account Takeover Alabama Services

Corporate Account Takeover in Alabama is an ever-increasing problem, and remains the single most online threat to customer accounts today. Corporate account takeover is a type of fraud, where thieves gain access to a business’s finances to make unauthorized transactions, including transferring funds from the company, creating and adding new fake employees to payroll, and stealing sensitive customer information, that may not be recoverable.

Thousands of businesses have fallen victim to corporate account takeover in Alabama, and the losses have ranged from a few thousand to several million dollars. Consumer bank accounts enjoy a certain level of protection that business bank accounts do not. Under Regulation E, there are liability limitations for unauthorized electronic fund transfers affecting consumer bank accounts. Business bank accounts do not get this kind or protection. So when business accounts are compromised, it often ends in litigation between the financial institution and their customer.

Our Corporate Account Takeover Alabama methodology includes:

  • Gathering information about the target before the test (reconnaissance)
  • Identifying all possible entry points, vulnerabilities, and weaknesses
  • Attempting an exploit to gain entry
  • Reporting back findings and providing detailed instructions for remediation

In an effort to protect both consumers and businesses from financial fraud, the Federal Financial Institutions Examination Council (FFIEC) has implemented new security guidelines for financial institutions in January 2012. These guidelines describe the measures financial institutions should take to protect Internet banking customers from online fraud and corporate account takeover.

By making the implementation of a Banking Customer Security Awareness Program in Jacksonville a priority, your Bank will be better placed to face the crime scene of the 21st century, the internet. As cyber criminals create and deploy new threats every day, your bank is vulnerable to a wider array of serious attacks. It benefits you, as a responsible bank, to do all you can, to try to stay ahead of the cyber criminals. InfoSight can help you!

Here are some questions to ask to determine how vulnerable your network may be:

  • How long ago was my last vulnerability test?
  • How many changes and or upgrades has my network had since my last vulnerability test?
  • Do the counter measures I have in place to prevent an intrusion actually work?
  • What security layers should I implement next to best protect my company's assets?
  • Do I know where confidential and sensitive data is located on my network enterprise wide?
  • How do I know if my IT Security reports are accurate?

If you would like more information about Corporate Account Takeover Alabama, contact us at InfoSightinc.com.

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Corporate Account Takeover Alabama