Economic·El País·54m agoEuropean Union
EU Court: Banks Must Refund Cybertheft
Negligence claims can't block reimbursement
Positive1 min readImportance
AI Summary
The European Court of Justice ruled that banks must immediately refund unauthorized cybertheft transactions, rejecting 'gross negligence' defenses, with repayment due by the next business day.
Keywords
cybertheftbanking regulationEU court rulingconsumer protectionphishing
