Lucky Bank's problems started harmlessly. An employee opened a Word document emailed by a purported job applicant.

Before long, private messages were revealed, customers at Lucky and competing banks lost money, and Visa cut off access. There was unwanted attention from federal officials, plaintiff lawyers and even state attorneys general. An aggressive reporter—desperate for a story—hounded the bank with questions.

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access