Check Fraud trails only debit fraud on the list of top threats for 2012, survey finds. Security researchers uncovered a new check-hijacking scheme targeting corporate checking accounts in the U.S., UK and China. Only 45 percent of respondents say they feel adequately prepared to prevent and detect check fraud. In the age of more technology and increasing use of electronic payments forms, even the seemingly innocuous fraud threats can result in big losses. In 2010, a similar attack when federal investigators determined hackers out of Russia had breached an online check-image database and wound up cashing 3,000 counterfeit checks against more than 1,200 legitimate U.”]
Source: https://www.cuinfosecurity.com/blogs/check-fraud-lingering-challenge-p-1260