Man sues bank due to malware on his PC

  • Thread starter Thread starter Duh_Oz
  • Start date Start date
optikl said:
Why wouldn't you believe this? In the US alone, online banking in 2004
reached 53 million users. Over 55% of those earning US $ 75,000 or more
use online banking. Why wouldn't this be an extremely attractive target
for an organized crime alliance including malware authors?
===========
Call it the skeptic in me, but until I read something from three
different sources I don't fully trust a story.

I'm hoping they'll list what kind of malware protection & firewall he
was using, assuming he was using one.
 
Duh_Oz said:
===========
Call it the skeptic in me, but until I read something from three
different sources I don't fully trust a story.

I'm hoping they'll list what kind of malware protection & firewall he
was using, assuming he was using one.


The article never noted from WHERE this guy got the malware. It doesn't
say he got it from the bank. So if bank robbers hit the bank and steal
money then it is the bank's fault for not providing such a high level of
security that it could never have been robbed in the first place (which
would also make the bank unusable or such practices unacceptable to the
bank's patrons)?

Would the customer's bank account be insured under FDIC? From
http://www.fdic.gov/consumers/consumer/information/fdiciorn.html,
"Stolen funds may be covered by what's called a banker's blanket bond,
which is a multi-purpose insurance policy a bank purchases to protect
itself from fire, flood, earthquake, robbery, defalcation, embezzlement
and OTHER CAUSES OF DISAPPEARING FUNDS. The banker's blanket bond
ensures that customers' funds are protected under those circumstances."
Coverage goes up to $100,000 USD so this guy's $90,348 would be covered.

Just because someone sues doesn't require there be merit to their case.

Putting an End to Account-Hijacking Identity Theft
http://www.fdic.gov/consumers/consumer/idtheftstudy/index.html
 
Duh_Oz said:
===========
Call it the skeptic in me, but until I read something from three
different sources I don't fully trust a story.

I'm hoping they'll list what kind of malware protection & firewall he
was using, assuming he was using one.

The problem would be that malware protection and a firewall alone can't
guarantee that the system won't be compromised.
 
Duh_Oz said:
===========
Call it the skeptic in me, but until I read something from three
different sources I don't fully trust a story.

Must be hell at your place around news time each day - do you run 3
different TV's on different channels, or just 'channel surf'??? ;-)
 
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