"Focus Law" commentary piece by Bernstein Shur attorney Dan Mitchell about the f

Authors

Dan Mitchell

Source

Mainebiz

Date

11-26-2012

Pages

24

Abstract

"Focus Law" commentary piece by Bernstein Shur attorney Dan Mitchell about the federal First Circuit Court of Appeals' decision in Patco Construction Co. v. People's United Bank. The court held the bank responsible for losses incurred by its customer, Patco, as a result of an online cyber-heist. This case, and others like it, highlight the need for commercial customers to understand the security measures used by their banks to authenticate transactions.

Subjects

Banks and banking, Computer crimes

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