As the Fraud Turns: Bank Sues Robbed Customer

A machine equipment company in Texas is tousling with its bank after
organized crooks swiped more than $800,000 in a 48-hour cyber heist
late last year. While many companies similarly victimized over the past
year have sued their banks for having inadequate security protection,
this case is unusual because the bank is preemptively suing the victim. Read the full article. [KrebsonSecurity]

A machine equipment company in Texas is tousling with its bank after
organized crooks swiped more than $800,000 in a 48-hour cyber heist
late last year. While many companies similarly victimized over the past
year have sued their banks for having inadequate security protection,
this case is unusual because the bank is preemptively suing the victim. Read the full article. [KrebsonSecurity]

Suggested articles