Bank not liable for customer’s $440,000 cybertheft

Cybersecurity NewsBank not liable for customer’s $440,000 cybertheft There is an interesting new article of interest to our readers:

A Missouri escrow firm that lost $440,000 in a 2010 cyberheist cannot hold its bank responsible for the loss an appeals court said this week affirming a lower court’s previous ruling on the issue.

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Bank not liable for customer’s $440,000 cybertheft

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