Michigan firm sues bank over theft of $560,000


In Illinois, was robbed has been allowed to sue their bank for its alleged failure to implement the latest security measures designed to prevent such compromises.

Meanwhile, in New York, the Town of Poughkeepsie is , TD Bank NA for failing to notice or stop numerous unauthorized transfers totaling over $500,000 from its account.

Jaikumar Vijayan covers data security and privacy issues, financial services security and e-voting for Computerworld . Follow Jaikumar on Twitter at @jaivijayan or subscribe to Jaikumar's RSS feed . His e-mail address is jvijayan@computerworld.com .

in Computerworld's Cybercrime and Hacking Knowledge Center.