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Concerns about the new Swift Agreement

  • Baker & McKenzie
  • -
  • European Union, France, USA
  • -
  • October 5 2010

The European Parliament has adopted the EU-US Terrorist Finance Tracking Program Agreement

Court finds that use of single-factor password identification to secure online accounts may create negligence liability

  • Baker & McKenzie
  • -
  • USA
  • -
  • September 28 2009

On 21 August 2009, in the case of Shames-Yeakel v. Citizens Financial Bank, No. 07 C 5387 (N.D. Ill.), the Northern District of Illinois denied, in part, a bank’s motion for summary judgment regarding its customers’ claims that they were damaged because of the bank’s negligent use of single-factor password authentication for online transactions

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