Monthly Archives: January 2021

Virginia Court in Email ACH Funds Transfer Fraud Case Relies on NACHA Rules in Permitting Claims Against Bank

Posted on January 29, 2021 by Ludwig & Robinson PLLC

As L&R has showed, careful application of NACHA’s rules can be critical to resolving funds transfers losses involving ACH transfers. See L&R Obtains Prompt Full Recovery for Polish Client in ACH Cybercrime Case. A recent Virginia case illustrates the relevance … Continue reading →

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Nevada Bench Trial Applies UCC in Allocating Loss Between Hacked Seller and Duped Buyer

Posted on January 28, 2021 by Ludwig & Robinson PLLC

In cybercrime cases, there often are two victims: one a business subject to an email hack and another that transmits funds based on fraudulent wire instructions from the hacked email account.  Which party should bear the loss? A Nevada federal … Continue reading →

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Salvatore Scanio’s Article on the NAIC Insurance Data Security Model Law Published by ABA’s Cybersecurity and Data Privacy Committee

Posted on January 26, 2021 by Ludwig & Robinson PLLC

Salvatore Scanio’s article, NAIC Insurance Data Security Model Law: Key Provisions and Adoption to Date, was recently published by the American Bar Association, Tort Trial & Insurance Practice Section, Cybersecurity and Data Privacy Committee (Winter 2021). The NAIC Model, issued … Continue reading →

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