In May 2009, a construction company had its account taken over by cyberthieves, after malware hijacked online banking log-in and password credentials for its commercial account with Ocean Bank. The court ruled that Ocean Bank’s security could have been better, but because PATCO agreed to the bank’s security when it signed the contract, the court assumed PATCO considered the methods to be reasonable. “Things are not always fair, and we have to decide how long we want to fight the fight,” Patco’s president says.”]
Source: https://www.inforisktoday.com/ach-fraud-judge-denies-patco-motion-a-3939