Search results

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