Survey Says: ACH Fraud Losses Down



[caption id="" align="alignleft" width="260" caption="Tracy Kitten"]Tracy Kitten[/caption]It's not all bad news! Tracy Kitten over at BankInfoSecurity reported on a positive trend.



"Banks are doing a better job of staving off losses linked to incidents of corporate account takeover despite increases in online-banking attacks, a new survey shows. It's a good sign, and probably one that reflects investments banks and credit unions have made to improve fraud detection and prevention. Losses suffered by corporate customers totaled $490,000 for the first half of 2011, compared with $1.16 million for all of 2010. Here is the post:


Topics: Cybercrime



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