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As the Fraud Turns: Bank Sues Robbed Customer

Machine equipment company in Texas is tousling with its bank after organized crooks swiped more than $800,000 in a 48-hour cyber heist late last year. While many companies similarly victimized over the past year have sued their banks for having inadequate security protection, this case is unusual because the bank is preemptively suing the victim. Underground marketplace pricing on RDP server access, compromised payment card data and DDoS-For-Hire services are surging. Read the full article.

Source: https://threatpost.com/fraud-turns-bank-sues-robbed-customer-012610/73431/

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