Bank Sues Cyberheist Victim to Recover Funds

A bank that gave a business customer a short term loan to cover $336,000 stolen in a 2012 cyberheist is now suing that customer to recover the fronted funds, after the victim company refused to repay or even acknowledge the loan. On May 9, 2012, cyber crooks hit Wallace & Pittman PLLC, a Charlotte, N.C. … Читать далее

Judge Nixes Patco’s eBanking Fraud Case

A district court judge in Maine last week approved a pending decision that commercial banks which protect accounts with little more than passwords and secret questions are in compliance with federal online banking security guidelines. Sanford, Maine based Patco Construction sued Ocean Bank in 2009, alleging poor security after a $588,000 cyber heist. Patco sued to … Читать далее