By Kellie Ferry

Does your company use Electronic Funds Transfer (EFT) or Automated Clearing House (ACH) transactions in its normal course of business?  Did you know that, in the event your account is hacked and funds stolen, you may have little recourse to recover your money if the theft is not detected and reported immediately?  Follow the provided link to an article in the Journal of Accountancy to learn how fraudsters are obtaining user login information to clean out bank accounts and the steps you can take to protect yourself.