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What is corporate account takeover?
Corporate account takeover is a type of fraud where thieves gain access to a business’s finances to make unauthorized transactions, including transferring funds from the company, creating and adding new fake employees to payroll, and stealing sensitive customer information that may not be recoverable.
Corporate account takeover is a growing threat for small businesses. In 2011, seventy two percent of data breach cases affected businesses with 100 employees or less.  It is important that businesses understand and prepare for this risk.