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Banking Fraud: Where is the Liability- with the Customer, Bank or Vendor?


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Banking Fraud: Where is the Liability- with the Customer, Bank or Vendor?

When a business banking account is breached, who is liable—the customer whose credentials were stolen, or the bank that failed to catch the transaction? Dan Mitchell, shareholder and member of Bernstein Shur’s Litigation Group and Data Security Group, participated in a panel that explored this question and recent court rulings, including the PATCO construction case.

Click here to watch “Banking Fraud: Where is the Liability- with the Customer, Bank or Vendor?” courtesy of the Information Security Media Group.