Michelle Marisco, owner of Village View Escrow Inc., Redondo Beach, CA, lost $465,000 in fraudulent account takeovers. The crimes occurred in March, when hackers were able to hack the company’s network, steal bank credentials and send 26 consecutive wire transfers out of the country. Marisco says she’s struggled to keep her business afloat ever since. The bank then closed access to the business’ bank account, and she has only recovered a fraction of the money lost.”]
Source: https://www.cuinfosecurity.com/fraud-victim-weighs-lawsuit-against-bank-a-2733