Follow Liquidmatrix

FacebookTwitterRSS

Subscribe by Email

Bank Sues Victim Of $800,000 Cybertheft

Surreal. Here’s a story that pushes the edges of…well, common sense. The real problem is what could potentially happen if the bank wins in this case.

From Krebs On Security:

A machine equipment company in Texas is tussling with its bank after organized crooks swiped more than $800,000 in a 48-hour cyber heist late last year. While many companies similarly victimized over the past year have sued their banks for having inadequate security protection, this case is unusual because the bank is preemptively suing the victim.

Read on for the full article.

On a side note be sure to subscribe to Brian’s RSS feed. He’s a must read writer in the security space.

Article Link

(Image used under CC from peggyarcher’s Flickr feed)

Posted by on January 26, 2010. Filed under Cyberdouchery,Data Security,Dumbass. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>