Krebs on Security personal blog

Banks are not repaying victims of Zelle scams

When U.S. consumers have their online bank accounts hijacked and plundered by hackers, U.S. financial institutions are legally obligated to reverse any unauthorized transactions as long as the victim reports the fraud in a timely manner. But new data released this week suggests that for some of the nation’s largest…
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Oct 7, 2022Banks are not repaying victims of Zelle scams by todsacerdoti251252

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