More than half of small and medium-sized businesses have experienced financial fraud in the last year, and changing banks is one of the most common reactions, according to a recently survey by security vendor Guardian Analytics.

Working with The Ponemon Institute, Guardian's survey of nearly 700 businesses found that more than half had experienced fraud in the last year; 75 percent of those were victims of credit or debit card fraud and 73 percent experienced unauthorized access to accounts. Some 20 percent of fraud victims reported unauthorized ACH transfers and nine percent experienced unauthorized wire transfers.

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