all InfoSec news
Report: Big U.S. Banks Are Stiffing Account Takeover Victims
Security Boulevard securityboulevard.com
When U.S. consumers have their online bank accounts hijacked and plundered by hackers, U.S. financial institutions are legally obligated to reverse any unauthorized transactions as long as the victim reports the fraud in a timely manner. But new data released this week suggests that for some of the nation's largest banks, reimbursing account takeover victims has become more the exception than the rule.
The post Report: Big U.S. Banks Are Stiffing Account Takeover Victims appeared first on Security Boulevard.
account account takeover aite-novarica a little sunshine bank of america banks big biocatch capital one jpmorgan chase pnc bank report sen. elizabeth warren seth rudin takeover the coming storm trace fooshee truist u.s. bank wells fargo zelle