Online Fraud: How Banks Should Respond – Doug Johnson, ABA Senior Policy Analyst. Johnson: Online cyber gangs are preying upon small businesses in particular and using their banking credentials to siphon their accounts. Johnson advises the American Bankers Association and its members on a variety of other matters, including social security reform, real estate brokerage, mortgage finance, and public funds. He says banks need to ensure that the business customers are aware that they may be spear-phished — because that is how this thing starts.”]
Source: https://www.bankinfosecurity.com/online-fraud-how-banks-should-respond-doug-johnson-aba-a-1790