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Home / News Stories / Bank battles insurer after hackers steal $2.4M (access required)

Bank battles insurer after hackers steal $2.4M (access required)

A Blacksburg bank says it lost $2.4 million to Russian hackers and its insurance company is refusing to cover the loss. The National Bank of Blacksburg sued Everest National Insurance Co. in Roanoke federal court seeking a declaration as to coverage or damages for breach of contract and bad faith denial of coverage. The bank claims intruders ...