In a recent blog post discussing business email compromise (“BEC”) schemes, we shared tips for preventing and responding to these incidents in remote work environments. This week, Bloomberg Law has posted Part Two of our series on BECs, which relates to the allocation of losses that often result from successful BEC attacks.
In this installment, we discuss an emerging legal standard that courts are employing to determine liability among parties who have experienced BEC fraud. To read the article and learn more about who may be required to bear losses stemming from a BEC incident click here.
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