Skip to content
Awareity
Awareity
Primary Navigation Menu
Menu
  • Home
  • About
    • About
    • Awareity Butterfly Effect
    • Contact
    • Support
  • Solutions
    • Information Security Training
      • Information Security Awareness Training
      • Awareness and Accountability Vault (AAV)
    • Prevention and Connecting the Dots Platform
    • First Preventers Framework
    • Prevention and GAP Assessment
    • Threat Assessment Teams
    • Climate Surveys
    • Resellers
    • Industries
      • K12
      • Higher Education
      • Diocese
      • Healthcare
      • Government
      • Corporate
  • Blog
  • Info Request

GLBA

Customers vs. Banks – Failure to Implement Adequate Security Procedures?

2009-10-01
By: Awareity
On: October 1, 2009
In: *Connecting the Dots Blog*, Information Security, Legal, Regulatory Compliance, Risk Management

Two recent headlines caught my attention: Construction Company Sues Bank for Money Lost in Cyber Scam Couple’s Lawsuit Against Bank Over Breach to Move Forward In both of these cases, banks are being sued for not taking adequate precautions that could have prevented cyber thieves from stealing money from the customers’ accounts.  The customers claim that the banks did not offer two-factor authentication and also failed to notice suspicious and anomalous behavior.  Therefore, the customers are claiming that the banks breached their duty to protect account holder information. These lawsuits could have significant ramifications and I will be curious to see the final outcome.  ShouldRead More →

READ MORE:

WATCH MORE:


Get Solutions For Your Challenges!
 
 
 
 
 
 
Don't worry, we will only call if you request "Phone" as your contact preference. We hate spam calls too!


Not seeing the form to request information? Drop us a line and we'll send you more information!

Recent Blog Posts

Bad News, Good News, and Better News

March 1, 2023

Lawsuits and Settlements Trending Sky High

February 17, 2023

Oklahoma State Department of Education Launches Awareity’s Prevention Platform & Tools

November 10, 2022

A Screw In Your Tire & Pre-Incident Prevention

August 23, 2022

When You Don’t Know What Others Know…Bad Things Can Happen (and are happening)

June 10, 2022

Support

Need more information on
Support for AAV or TIPS?

Click here

What are you looking for?

Connect the Dots With Us!

| |

Designed using Dispatch Premium. Powered by WordPress.