Online banking fraud involving the electronic transfer of funds rose to US$120 million in the third quarter of 2009. Small businesses suffered $25 million in losses due to online ACH and wire transfer fraud, FDIC says. Almost all of the incidents reported to the FDIC “related to malware on online banking customers’ PCs” Small businesses do not have the controls in place to prevent unauthorized payments, says FDIC official. Analyst says attacks that install a password-stealing botnet program, known as Zeus, have increased so far in 2010.”]
Source: https://www.csoonline.com/article/2124932/fdic–hackers-took-more-than–120m-in-three-months.html