Hackers: When the money is gone; it’s gone

Bank Not Responsible for Letting Hackers Steal $300K From Customer

I for one don’t have $300,000 lying around in a bank account for hackers to steal; no, the point of this story is that the financial intuition is not responsible for this theft.

In this particular case I agree. (see link below)

Had this been a case where the hackers attacked the bank’s infrastructure without having any user’s credentials then the bank should be held liable.

This particular case the company’s own employees fell for one of those emails designed to steal user names and passwords.

Everyone should be aware that companies are not going to send you an email asking you to log-in and check something for no real reason. FedEx and UPS don’t have your email address and are going to email you when they can’t deliver a package.

This is an example of when those emails work – and when the money is gone, it’s gone.

Bank Not Responsible for Letting Hackers Steal $300K From Customer | Threat Level | Wired.com