Letter of no consent: why the proceeds of fraud have become tougher to recoup

The implications of a recent Hong Kong court decision could have far-reaching implications for financial institutions that are the victims of cyber fraud.

By Peter Shadbolt

Apr 4, 2022

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For most corporate treasurers, a successful ransomware or phishing attack that manages to bilk substantial amounts of cash from corporate coffers, is the stuff of nightmares.

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