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Finance

Online bank had bigger breach than first thought

The nightmare of misappropriated funds has the newest online bank, X.com, in some seriously hot water.
Written by ZDNET Editors, Contributor

The nightmare of misappropriated funds has the newest online bank, X.com, in some seriously hot water. Although the site is striving to simplify online banking, and it did put in measures Jan. 21 to stop these scams, its shortcuts allowed some to easily steal from X.com accounts. In fact, that amount may have reached near $10,000. Full story. -- Bob Sullivan, MSNBC

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