Abbeville Building & Loan

Corporate Account Takeover (CATO)

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Corporate Account Takeover (CATO)

Corporate account takeover is a type of corporate identity theft where cyber thieves gain access to a businesses’ finances by stealing employee passwords or other valid credentials to create and add new fake employees to payroll and steal sensitive customer information. It is important for you to protect your cyber environment just as you would your cash and physical location. Also, ensure that your internet connection is protected, encrypt sensitive data, and keep your virus protection up to date.

Methods of CATO

  • Phishing email or other communication
  • Malware that infects computer workstations and laptops

Warning signs of CATO

  • Unusual business account activity
  • Dramatic loss of computer speed
  • Changes in the way things appear on the screen
  • Inability to shut down or restart computer
  • Computer locks up so user is unable to perform any functions
  • Unusual pop-up messages
  • Unexpected rebooting or restarting of the computer

Contact Abbeville Building and Loan if you:

    • Suspect a fraudulent transaction
    • Receive an e-mail or phone call claiming to be from us and it is requesting personal/company information

Abbeville Building & Loan logo

Abbeville Building & Loan has been a trusted member of the community since 1890 as a mutual state-chartered savings bank in Vermilion Parish. We specialize in the origination and servicing of Owner-Occupied Residential Loans for a majority of the state of Louisiana, consisting of construction, refinance, and purchase loans. To better serve our community, we offer checking, savings, certificates of deposit, and Individual Retirement Accounts for our parish residents and current loan customers.

Contact Us

1212 Charity St
Abbeville, LA 70510