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Finance Friday #4: How to Manage Fraud: Stick Your Head in the Sand
Our next Finance Friday episode can be considered preventive medicine to ward off zero business bank balance syndrome.
Why was Target targeted for a massive credit card breach (other than by having a giant bullseye on each store)? How are small businesses finding their bank accounts drained by fraudsters?
Businesses taking the “no need for a cure” stance on account takeover protection can find themselves bankrupt and without help from the Government. In this Finance Friday episode, we’ll review why Reg E doesn’t help businesses hit by fraud, how businesses are being targeted and compromised, and what companies can do to protect their money from the bad guys.
BC Krishna, CEO of MineralTree
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