Protecting Your Business: Preventing ACH Fraud in the Digital Age

23 de abril de 2025

by Christian Phillips

Business scams and fraud attempts are on the rise, and scammers are continuously looking for ways to compromise the integrity of your business. Here are ways you can protect your business from various ACH scams, their warning signs, and effective strategies to safeguard your business from falling victim to these attempts.

What is ACH Fraud?
ACH fraud is a scam involving unauthorized withdrawals or payments from a victim's bank account using stolen routing and account numbers, which are often acquired through phishing or data breaches.

How Is It Done?
Scammers often exploit weaknesses in communication channels, using social engineering tactics to manipulate individuals into disclosing sensitive information or transferring money. Even if a single employee falls prey to an ACH scam or other malicious attempt, the consequences can be significant for the entire organization.

Financial loss
Data breaches
Damage to company reputation

Best Practices Against ACH Scams

Be cautious of new payment information. Scammers will send emails or texts instructing you to send payment to a new account.
Be wary of emails or texts instructing you to open an attachment or click on a link.
- Double-check email addresses. Scammers will often create email addresses to mimic a legitimate account.
Be cautious of urgent requests in emails or texts. Scammers often claim that funds must be sent immediately.

Additional ways to prevent ACH fraud are investing in employee training and cybersecurity measures to mitigate risk. Businesses can also leverage bank technology such as Positive Pay, which is designed to further protect your business by automatically flagging suspicious or fraudulent transactions posted to your account. Positive Pay is an automated fraud service that helps businesses manage ACH debits and credit posted to their account via filters.

Protecting your business requires a combination of the right tools and proactive measures. Talk with your local business banker about Positive Pay and how it can help safeguard your business against ACH fraud.

Protecting Your Business: Preventing ACH Fraud in the Digital Age

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Protecting Your Business: Preventing ACH Fraud in the Digital Age

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