I must applaud Brian Krebs for continuing to report on small businesses that are victimized by online banking fraud. His last several posts at Krebs on Security make me wonder why this problem does not get more publicity: N.Y. Firm Faces Bankruptcy from $164,000 E-Banking Loss and IT Firm Loses $100,000 to Online Bank Fraud.
Small business cannot survive if banking is not secure. If your money is stolen from a bank during a holdup you don't go bankrupt, but if it is account-specific bank fraud you do.
Small businesses need to have the same protections as consumers. If online banking is not secure it should not be allowed. It's that simple.
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