Corporate Account Takeover

Corporate Account Takeover

Corporate Account Takeover is a form of corporate identity theft where cyber thieves gain control of a business' bank account by stealing employee passwords and other valid credentials. Thieves can then access account information with the click of a button. Businesses with limited or no internal computer safeguards and disbursement controls for use with the bank's online banking system are vulnerable to theft when cyber thieves gain access to their computer systems, typically through malicious software (malware). Malware infects a business' computer system not just through infected documents attached to an email but also simply when an infected website is visited.

Hill Bank encourages all customers to keep username and password information in a secure place and to have safeguards in place to prevent thieves from hacking into your computer systems. Please make sure anti-virus software is installed on all computers and running the most current version. We ask that all customers take these appropriate actions to ensure the safety of your account information.

What can you do to protect your online accounts?

  • Make sure users understand the importance of online security.
  • Secure your computer and networks.
  • Limit administrative rights - do not allow users to install any software without receiving prior approval.
  • Install and maintain spam filters.
  • Surf the internet carefully.
  • Install and maintain real-time anti-virus and anti-spyware desktop firewall and malware detection and removal software. Use these tools regulary to scan your computer. Allow for automatic updates and scheduled scans.
  • Install routers and firewalls to prevent unauthorized access to your computer or network.
  • Change the default passwords on all network devices.
  • Install security updates to operating systems and all applications as they become available.
  • Block pop-ups.
  • Do not open attachments from unknown email addresses or suspicious emails.
  • Reconcile accounts daily.
  • Note any changes in the performance of your computer - dramatic loss of speed, computer locks up, unexprected rebooting, unusual pop-ups, etc.
  • Make sure your employees know how and to whom to report suspicious activity to at your company and at The Bank.

Contact The Bank if you:

  • Suspect a fraudulent transaction
  • If you receive an email claiming to be from The Bank and it is requesting personal or company information. Hill Bank will NEVER request any personal information through email.

If you have any questions, please contact Hill Bank and Trust Co. at 979-725-9575.