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Court Favors Small Business in eBanking Fraud Case Krebs on Security

Experts say the decision is likely to spur additional lawsuits from other victims that have been closely watching the case. Judge Duggan has yet to decide how much Comerica will have to pay. Businesses do not enjoy the same legal protections afforded to consumer banking customers hit by cyber thieves. The decision comes less than two weeks after a tentative decision in another widely watched cyberist case involving a $345,000 loss from a similar attack on Patco, Maine-based Patco. Experts said the decision will make it difficult for a U.S. district court to adopt a Maine district court.”]

Source: https://krebsonsecurity.com/2011/06/court-favors-small-business-in-ebanking-fraud-case/

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