In mid-Sept., fraudsters siphoned $150,000 from a fuel company in Maine, while earlier this month hackers diverted approximately $77,000. The FDIC says it has detected an increase in the number of reports of losses resulting from unauthorized electronic fund transfers (EFTs) The message to banking institutions is: The threat is ongoing and real, and so is the need to further educate small-to-midsize businesses. Banks need to be proactive about monitoring commercial business accounts, monitoring and stopping fraudulent transactions.”]
Source: https://www.cuinfosecurity.com/online-fraud-new-victims-new-approaches-a-1882