Cybercriminals have been targeting business bank accounts at increasing frequencies over the last year. Criminals are readjusting their focus from individual to much more lucrative business accounts. Businesses must reexamine their online business banking practices to proactively protect themselves from such attacks. Banks, too, must amplify their security practices to combat the tactics cybercriminals are now using to perpetrate this type of fraud. New protective cybersecurity legislation has been introduced, co-sponsored by Committee Chairman Joe Lieberman (ID-Connecticut)”]

