You’re a bank and receive instructions by e-mail to wire transfer funds from someone purporting to be your customer. But, the customer’s account was hacked and the e-mail was sent by a fraudster. You, the bank, have no reason to suspect any fraud and act in accordance with your account terms which require you to accept electronic instructions and pursuant to which the customer agreed to secure his account against hackers. Who bears the loss, the bank or the customer? An Ontario court recently examined this question in Du v Jameson Bank, 2017 ONSC 2422 and ruled in favor of the bank on common law and contract grounds.
- Computer and Internet Updates for 2018-03-16 https://t.co/j7pC919UF1 2018-03-17
- Computer and Internet Updates for 2018-03-16 https://t.co/8uOr7hAj7h 2018-03-17
- Mihaly Ficsor, Conflicts of the Canadian legislation on fair dealing for education and with the international norms… https://t.co/SCq2jlGKQw 2018-03-17
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