By Jaikumar VijayanJune 18, 2014 03:34 PM ET Computerworld - A Missouri escrow firm that lost $440,000 in a 2010 cyberheist cannot hold its bank responsible, an appeals court ruled this week.
The Court of Appeals for the Eighth Circuit's decision this month affirmed a lower court ruling in the case.
The appeals court also held that the escrow firm can be held responsible for the bank's attorney fees in the case.
ComputerWorld/ full read here/http://www.computerworld.com/s/article/9249207/Bank_not_liable_for_customer_s_440_000_cybertheft
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