ACH Fraud Georgia

ACH fraud in Georgia is on the rise! You need to make sure that your organization has the protection it needs to keep your customer's money safe! Now a days, there are so many people that are using direct deposit, electronic payments and transfers. This has expanded the world of cybercriminals.

Cybercriminals have been known to use such techniques as phishing emails, compromised legitimate websites, fake friend requests on social sites, and malware to obtain your customers’ bank logon credentials. Once they have this information, it is easy for them to commit ACH fraud - transferring money out of your customer’s bank account and into theirs.

Small to medium size businesses have become the choice targets of cybercriminals, because these businesses often do not use dual controls on their accounts nor have they adopted a strong information security posture to mitigate ACH fraud in Georgia.

As a business owner, you need to take responsibility, and take the necessary steps to protect your vital data. All at the same time that you are complying with industry standards, ever-changing federal regulations and state privacy laws.

With ACH fraud, cyber criminals can empty a business banking account in a matter of minutes. To make matters worse, banks often have a hard time spotting ACH fraud transactions because the volume of money moving through the network is simply overwhelming.

To safeguard their customers from ACH fraud, financial institutions have invested a great deal of time, energy and finances into combining a variety of technologies into a layered security approach. However, fraudsters are using a variety of techniques in an attempt to thwart these security solutions in order to commit ACH fraud. They understand that if you can’t hack the technology, you can always hack the user. They use:

    • Phishing emails to inject malware on the customer’s computer
    • Mobile malware to take control of the victim’s phone
    • Malicious websites that can distribute malware just by visiting them
    • Social engineering ploys to trick bank customers into divulging sensitive information
    • Free WiFi hotspots to intercept traffic and infect vulnerable devices
    • And more

ACH fraud is very easy to execute. All the fraudster needs is a bank account number and a bank routing number to initiate payments for purchases or to pay a debt by giving these numbers to the vendor.

Complementary Services
Vulnerability Assessment
Penetration Testing
Intrusion Detection and Prevention