Report: Big U.S. Banks Are Stiffing Account Takeover Victims
Krebs on Security
OCTOBER 7, 2022
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. The first question asks, Did the request actually come from an authorized owner or signer on the account?
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