A bank breach refers to a security incident where unauthorized individuals gain access to a bank's computer systems or data, potentially compromising sensitive customer information such as account numbers, passwords, and personal identification details. Such breaches can result from cyberattacks, insider threats, or vulnerabilities in the bank's security infrastructure. The consequences can include financial losses, reputational damage, and legal repercussions for the bank, as well as potential identity theft for affected customers. Protecting against breaches is a critical priority for financial institutions.
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What does TDN mean on bank statement
Bank Draft mean a check drawn by a bank on its own funds in another bank.
It means you can count on it or bank on it - it's a play on the term bank.
In a bank, taking a "bank" to mean a mound of earth, you see plants, soil and small animals. In a bank, taking a "bank" to mean an financial institution, you see people, desks, machines and counters.
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breach of trust or faith.
Discharged mean terminated. A contract can be discharged by -performance -frustration -Agreement between the parties and -breach If there is a breach of terms of the contract, a contract can be discharged.
it means to do work someone is not willing to do
A ruele or regulation often ignored than observed
if there is no date specify this does not mean there is a breach. for a breach to occur one of the parties to a contract must not have fully performed their obligations. if there is no date specified in the contract the courts will apply a reasonable date
A ruele or regulation often ignored than observed
In LEGAL terminology the words "breach or breached" mean broken or violated.
In ICT, masquerading means to someone that is phishing for information (credit card numbers, passwords, usernames) is pretending to be someone trustworthy. For instance, a person trying to steal your bank account information may email saying that they are Bank of America, and due to a security breach, they need you to confirm all of your personal information. They are not really Bank of America. They are masquerading as Bank of America to make you feel safe giving out your information.
In ICT, masquerading means to someone that is phishing for information (credit card numbers, passwords, usernames) is pretending to be someone trustworthy. For instance, a person trying to steal your bank account information may email saying that they are Bank of America, and due to a security breach, they need you to confirm all of your personal information. They are not really Bank of America. They are masquerading as Bank of America to make you feel safe giving out your information.
They certainly may not do so. It is a breach of their duty and could be criminal.
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