Why would identity fraud be my problem and not my bank’s ?


Posted May 4th, 2010 by admin 9 Comments »
bank problem
Allan W asked:


Suppose someone manages by digital or other means to trick my bank into paying out money which it incorrectly thinks that I have authorised. Isn’t this the bank’s problem in the end ? Surely the bank can not expect me to pay for breaches of its own security.