Survey: ACH Fraud Losses Down, but losses related to ACH fraud down significantly from the $3.12 million in losses banks reported for the full year in 2010. American Bankers Association and the Financial Services Information Sharing and Analysis Center shared the results of an ACH-fraud trends survey of 95 banks and five service providers. Nearly 90 percent said they did not believe the security measures called for in the guidance would have a significant impact on reducing online fraud, according to the survey.”]
Source: https://www.cuinfosecurity.com/blogs/survey-says-ach-fraud-losses-down-p-1298