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Cyber Security

Malwarians at the Gate: Banks, Businesses and ACH Fraud

Banks and customers are on opposite ends of a feud over which is responsible when online banking accounts get hacked and pillaged. But where does the fault really lie? And is there a cure for the plague of online banking fraud? These banks are the front line in a growing battle between banks and their customers over the question of Who pays? for security breaches of customer machines. This question is at the heart of a slew of lawsuits making their way through federal and state courts.

Source: https://threatpost.com/malwarians-gate-banks-businesses-and-ach-fraud-091310/74458/

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