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Ray-Ban manufacturer sues JPMorgan over $272 million cyber theft

The French manufacturer of Ray-Ban glasses is suing JPMorgan for failing to stop suspicious transactions after cybercriminals looted $272 million from its New York account. JPMorgan should have detected, reported and blocked suspicious payments that occurred in the last few months of 2019, Essilor said in a lawsuit filed in New York on Monday. The criminals had recruited one of its employees in Thailand to make the fraudulent transactions, which resulted in regular monthly transfers…


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