Unauthorized Wire Transfers: On Demand Master Class Now Available
Posted on 09/14/2023 at 11:10 AM by The Newsroom
Companies of all kinds and sizes face a barrage of phishing, spoofing, domain squatting, typo squatting, and numerous other social engineering scams from fraudsters attempting to induce funds transfers to fraudsters, or use compromised access to initiate unauthorized funds transfers.
Aired live on September 14th in conjunction with Lexology, the intelligent global legal research platform, a Master Class webinar focusing on the the state of law governing wire transfers is now available on demand. Presented by Attorney John Lande of Dickinson Law, the webinar also covers the allocation of liability between companies, their banks, and other third parties after a social engineering attack that leads to financial loss. The presentation uses real case studies, and specifically covers:
- The latest fraudster schemes;
- The legal liability framework under the Uniform Commercial Code (“UCC”) governing liability between companies and their banks;
- Application of the liability framework to real-world examples;
- Legal strategies for recovering unauthorized funds transfers if they occur.
This topic is of interest to both companies and financial institutions interested in mitigating the risks of funds transfer fraud. Both corporate account holders and their financial institutions share responsibility for securing account funds from funds transfer fraud.
Questions, Contact us today.
The material, whether written or oral (including videos) that is posted on the various blogs of Dickinson Bradshaw is not intended, nor should it be construed or relied upon, as legal advice. The opinions expressed in the various blog posting are those of the individual author, they may not reflect the opinions of the firm. Your use of the Dickinson Bradshaw blog postings does NOT create an attorney-client relationship between you and Dickinson, Bradshaw, Fowler & Hagen, P.C. or any of its attorneys. If specific legal information is needed, please retain and consult with an attorney of your own selection.