Avoid an Online Banking Disaster
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These days, it's possible -- even easy -- for a thief to rob a bank without ever leaving home. And the victims of those crimes could include your bank, and your account. Whether via malware threats or phishing scams, once an attacker gets your login credentials, he'll move quickly to drain your business checking account. Some malware even masks the theft by displaying a fake balance when you log into your account. What's worse is that small business accounts don't get the same protection from U.S. banking regulations that protect consumers. If a thief wipes out a business checking account with an online attack, the account-holder is usually out of luck -- and perhaps out of business. Scary stuff for small-business owners -- and good reason to treat all online banking as an inherently risky activity. Fortunately, there are ways to minimize your exposure to online banking risks. -- Matthew McKenzie
