Banks deny compensation when hackers steal customers’ money

A Vancouver-area man is speaking out after hackers broke into his bank account, stole $5,000 and Scotiabank refused to reimburse him. As organized cybercrimals increasingly target Canada’s banks, a public policy researcher says they need to bear the cost when their systems are compromised.

This story was originally published on CBC News. To read the rest of this news worthy story, please visit https://www.cbc.ca/news/business/banks-deny-compensation-online-fraud-security-1.5322982?cmp=rss.

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