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Here are some steps you can take to guard against Business ID Theft:

  • Double up. Use a dedicated computer for financial transactional activity. Do not use the same computer for general web browsing and email.
  • Update often. Apply operating system and application updates (patches) regularly.
  • Search out spyware. Ensure that current versions of anti-virus and spyware software are installed.
  • Build firewalls. Have host-based firewall software installed on computers.
  • Stay current. Use latest versions of Internet browsers, such as Explorer, Firefox or Google Chrome with “pop-up” blockers.
  • Hit the switch. Turn off your computers when not in use.
  • Individual attention. Do not batch approve financial transactions. Review and approve each one individually.
  • Keep watching. Review your banking transactions and your credit report regularly.

Defend Against a Hostile Takeover

Actually, “hackers” is too nice a word. They’re thieves, often part of big criminal organizations. Their crime is sometimes called a Business Account Takeover. They target small and medium businesses and access their web banking credentials. They drain deposit accounts and lines of credit, funneling funds into overseas accounts. As a business owner, you should defend yourself. After all, it’s not just your computers that are at risk. It’s everything you’ve worked for.
 


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Workers Credit Union provides banking services to greater Chelmsford, Westford, Groton, Townsend, Lunenburg, Lancaster, Leominster, Fitchburg, Lowell, Worcester, and Athol, MA. Contact us to learn more.

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