How to balance security and convenience by protecting your bank
accounts from fraud Featured  8:00pm EDT June 30, 2012  Online
banking is convenient, but it’s easy for cybercriminals to gain
access to your accounts when you process transactions over the
Internet. Organized criminal gangs are using malware and
phishing schemes to steal approximately $1 billion from small
and mid-sized companies across the United States and Europe each
year, and the problem has become so pervasive that a recent
theft of $100 million from a business account barely registered
on the FBI’s radar.  The good news is that it’s possible to
enjoy the convenience of online banking without exposing your
company to unnecessary risk by taking advantage of a bank’s
products and services and exercising some basic precautions.
“Cybercriminals pose a real and serious threat,” says Barry
Langer, first vice president and customer relations manager for
Corporate Services at California Bank & Trust. “Executives need
to educate themselves and unde