It’s considered a good thing: Your company’s finance staffers stay on top of corporate bank accounts online. More efficient, for sure — just be careful that doesn’t expose you to this increasing threat.

You’ll want to to ask your CFO how frequently he or she is monitoring your firm’s bank accounts after you hear this:

More than half of small and mid-sized businesses (55%) had their bank accounts defrauded in the past 12 months.

The culprits? Cybercrooks.

That’s the disturbing finding out of a new report by the Ponemon Institute and Guardian Analytics.

Don’t let Finance think it can rely on your financial institution to spot anything – because it probably won’t. A full 80% of banks failed to catch fraud before funds were transferred out of their institution.

That left one in four of your peers holding the bag, seeing as they weren’t compensated for any part of their losses.

While Finance shouldn’t take its collective eye off of any area, encourage staffers to pay closest attention to any online banking you do – that was the way 58% of the frauds were perpetuated.