Calif. Co. Sues Bank Over $465k eBanking Heist

A California real estate escrow company that lost more than $465,000 in an online banking heist last year is suing its former financial institution, alleging that the bank was negligent and that it failed to live up to the terms of its own online banking contract. The plight of Redondo Beach, Calif. based Village View … Читать далее

Court Favors Small Business in eBanking Fraud Case

Comerica Bank is liable for more than a half a million dollars stolen in a 2009 cyber heist against a small business, a Michigan court ruled. Experts say the decision is likely to spur additional lawsuits from other victims that have been closely watching the case. Judge Patrick J. Duggan found that Dallas-based Comerica failed … Читать далее

Comerica Phish Foiled 2-Factor Protection

A metals supply company in Michigan is suing its bank for poor security practices after a successful phishing attack against an employee allowed thieves to steal more than half a million dollars last year. Experi-Metal sells metal stampings, trim moldings and specialty items. The lawsuit, filed by Experi-Metal Inc. (EMI), in Sterling Heights, Mich., charges … Читать далее