Protecting Small Business Banking

Online financial transactions are increasing exponentially; online attacks that attempt to capture credentials, intercept information, and divert funds from small businesses are as well. Small business owners are being increasingly targeted for financial based online crimes. Even worse, they are typically ill prepared and unable to take appropriate actions against the perpetrators of these crimes to recoup their losses. The current legal environment in the United States leaves these small businesses and their owners without the ability to obtain reimbursement from banking institutions resulting from these losses as well as unable to take the necessary legal actions against their attackers. It is therefore imperative to investigate ways to provide protection from these risks, and balance the needs of the business to continue to engage in online financial transactions.