Cybersecurity Risks in the Face of an Evolving Bank Liability Standard for Commercial Accounts
November 04, 2015
The growth of electronic banking and ingenuity among cyberthieves continues to present increased risks for financial institutions in the areas of account takeovers, cyber theft, and unauthorized transfers. The standards for allocating liability for losses between customers and financial institutions continue to develop based on recent court decisions. In this webinar, Spilman Member Scott Adams will discuss recent warnings from cases addressing these issues and the statutory framework for allocating losses. You will also learn best practices for addressing cybertheft risks with commercial customers.