{"id":2927,"date":"2014-01-08T21:39:06","date_gmt":"2014-01-08T16:09:06","guid":{"rendered":"https:\/\/www.qadit.com\/blog\/?p=2927"},"modified":"2014-02-12T13:05:06","modified_gmt":"2014-02-12T07:35:06","slug":"firm-bankrupted-by-cyberheist-sues-bank","status":"publish","type":"post","link":"https:\/\/qadit.com\/blog\/firm-bankrupted-by-cyberheist-sues-bank\/","title":{"rendered":"Firm Bankrupted by Cyberheist Sues Bank"},"content":{"rendered":"<p>A California escrow firm that was forced out of business last year after a $1.5 million cyberheist is now suing its former bank to recoup the lost funds.<\/p>\n<p>A state-appointed receiver for the now defunct Huntington Beach, Calif. based Efficient Services Escrow has filed suit against First Foundation Bank, alleging that the bank&#8217;s security procedures were not up to snuff, and that it failed to act in good faith when it processed three fraudulent international wire transfers totaling $1,558,439 between December 2012 and February 2013.<\/p>\n<p>Read <a href=\"https:\/\/krebsonsecurity.com\/2014\/01\/firm-bankrupted-by-cyberheist-sues-bank\/\">more<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A California escrow firm that was forced out of business last year after a $1.5 million cyberheist is now suing its former bank to recoup the lost funds. A state-appointed receiver for the now defunct Huntington Beach, Calif. based Efficient Services Escrow has filed suit against First Foundation Bank, alleging that the bank&#8217;s security procedures &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/qadit.com\/blog\/firm-bankrupted-by-cyberheist-sues-bank\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Firm Bankrupted by Cyberheist Sues Bank&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[12],"tags":[],"class_list":["post-2927","post","type-post","status-publish","format-standard","hentry","category-itsec"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9AH7Q-Ld","_links":{"self":[{"href":"https:\/\/qadit.com\/blog\/wp-json\/wp\/v2\/posts\/2927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qadit.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qadit.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qadit.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qadit.com\/blog\/wp-json\/wp\/v2\/comments?post=2927"}],"version-history":[{"count":0,"href":"https:\/\/qadit.com\/blog\/wp-json\/wp\/v2\/posts\/2927\/revisions"}],"wp:attachment":[{"href":"https:\/\/qadit.com\/blog\/wp-json\/wp\/v2\/media?parent=2927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qadit.com\/blog\/wp-json\/wp\/v2\/categories?post=2927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qadit.com\/blog\/wp-json\/wp\/v2\/tags?post=2927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}