Hacking News
Bank Fails to Return Stolen Funds in FISHING Scam
A client lost funds in a phishing attack, but the bank refused to return them due to the client's negligence. The European Court of Justice ruled that the bank should not refuse to return the funds, as the client's negligence does not justify the bank's refusal to return the stolen money. The client had to file a case with the Polish court, which then went to the European Court of Justice for clarification. The court ruled that the bank should return the funds immediately after receiving notification of the theft, unless there are valid grounds to believe the theft was committed by the client and reported to the competent national authority.