In analyzing a claim under Article 4A (Electronic Funds Transfers) of the Uniform Commercial Code, the U.S. Court of Appeals for the First Circuit determined that a bank did not utilize commercially reasonable security procedures when it failed to monitor risk reports and decreased the dollar threshold which triggered use of challenge questions by... READ MORE
Court finds security system of bank is not commercially reasonable
Posted on July 9, 2012 in Health Information Technology
Written by: Michael T. Batt
