Get a Pentest and security assessment of your IT network.

News

Malwarians at the Gate: Banks, Business Customers and ACH Fraud

Banks and their customers are on opposite ends of a feud over which is responsible when online banking accounts get hacked and pillaged. But where does the fault really lie? And is there a cure for the plague of online banking fraud? This question is at the heart of a slew of lawsuits making their way through federal and state courts. Small banks are eagerly awaiting something like a precedent-setting answer from these cases on which to hang their Not Our Problem policy, while consumers already suspicious of a banking sector that has come under fire for their reliance on fees looks for the same.

Source: https://threatpost.com/malwarians-gate-banks-business-customers-and-ach-fraud-091010-0/74452/

Related posts
News

Ashley Madison 2.0 Hackers Leak 20GB Data Dump, Including CEO's Emails

News

Art of Twitter account hacking

News

1 day attack with DDoS booter costs $60 causing $720k in damageSecurity Affairs

News

NSA-linked Cisco exploit poses bigger threat than previously thought