The Risk to your Business Bank Account
Banking laws treat individuals and businesses differently. Banks reason that companies should be more technologically sophisticated than individuals. As such, the regulations that protect individuals from online fraud losses are not extended to businesses.
Online Fraud Liability
Your online business banking agreement stipulates who is liable for online fraud losses. Typically the business, not the bank is liable. To be sure, check your bank’s online agreement.
Cyber Crime Testimonials
"People think, It'll never happen to me, but these are incredibly sophisticated criminals, and we’re not IT experts"
– Chief Financial Officer of a company that lost $125,000 to online hackers.
Experts say, it is not a matter of "if" but "when" your business will have a cyber event. Many events result in business disruption or the loss of money, intellectual property or data. As such, Information- Week ranked bank account takeover as the number one cyber- threat for small and midsized business. Is your business prepared to prevent or react to a cyber attack?
Protect Your Business Online Bank Accounts
Cyber Criminals Can Do Far More Damage Than Burglars
Businesses, not banks, are liable for online fraud losses, however, most business ignore cyber threats, spending $30+/month on alarm services and $0 on cyber crime protection.
With more businesses banking online, preventing hackers from taking over your online bank account and wiping out your cash should be a top risk management priority.
Business Account Secure
One Product. Three Powerful Fraud Fighting Tools
Experian Business Account Secure provides a comprehensive approach to bank account takeover, combining three powerful fraud-fighting tools in one product.
- Preventive Education.
- Secure browsing technology for the PC’s your company uses to access business online banking.
- Fraud loss protection backed by AIG
- Up to $100,000 account
- Up to $500,000 per business
How It Works
- Fraud loss protection is activated when you download the secure browsing software to the PC’s you use to access your online bank account.
- The software MUST be used each time you log-in.
If you follow these simple requirements and disaster strikes, the fraud loss protection from AIG backstops your losses up to $100,000 per account, $500,000 per business.
Start Protecting Your Business Online Today
Subscribe today and get peace of mind for as little as $24.95 per month.