Blog | G5 Cyber Security

Bank, Customer Headed to Trial

The case is set to be heard after mid-November, with Nov. 16 being set as the final pre-trial conference date. Comerica had filed its motion for summary judgment in April, stating that the case should have never been filed. Experi-Metal Inc., a Sterling Heights, MI-based company, says Comeric’s actions opened its online bank account to a successful phishing attack where more than $550,000 was stolen and sent overseas. The bank counters that the EMI credentials used to initiate the wire transfers were valid, and the phishing website the employee went to was fake.”]

Source: https://www.cuinfosecurity.com/bank-customer-headed-to-trial-a-2752

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