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Payment fraud: It plagues every company
Author(s) -
Schaeffer Mary S.
Publication year - 2011
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.21717
Subject(s) - payment , business , payment card , advice (programming) , atm card , haven , debit card , accounting , credit card , computer security , internet privacy , marketing , finance , computer science , mathematics , combinatorics , programming language
Abstract Every organization, no matter how big or small, is a potential target for an increasingly sophisticated group of individuals looking to dip into your bank account without invitation. And these folks don't discriminate. If they can get your banking information and you haven't taken the proper steps to protect yourself, they'll help themselves to your hard‐earned money. This article provides advice on what best practice organizations are doing to protect themselves against the three areas where most are vulnerable: check fraud, p‐card fraud, and electronic payment fraud. © 2011 Mary S. Schaeffer