With today's digital economy, there is a growing desire for customers to receive employment compensation through direct deposit, and they find it much more convenient to pay bills and send money electronically, rather than using checks. What they don't realize, is that this form of banking has lead to a high rate of ACH fraud in Jacksonville.
Although choosing digital economy is much faster and more convenient, it has also become a highly targeted means of theft for cybercriminals. Cybercriminals have been using an array of tools to compromise organizational systems for quite a while. Once they have retrieved the information they need, it is fast and easy for them to commit ACH fraud - transferring money out of your customer’s bank account and into theirs.
Cybercriminals are targeting small to medium size organizations, because such businesses often do not have dual controls on their accounts, nor do they have strong security postures in place, which leads to ACH fraud in Jacksonville. Establishing a strong information security posture is not a “one-size-fits-all” solution, and it is not as simple as installing a firewall, or having anti-virus protection to mitigate ACH fraud, as you know.
Each organization requires appropriate security measures to be in place to, not only to protect that organization from ACH fraud, but to comply with industry standards, ever-changing federal regulations and state privacy laws.
If you would like more information about ACH Fraud Jacksonville, contact us at InfoSightinc.com.