In most countries as a customer you’re not liable for fraud that occurs as a result of your banks failures. In the EU this sort of behaviour is now heavily fro

In most countries as a customer you’re not liable for fraud that occurs as a result of your banks failures. In the EU this sort of behaviour is now heavily frowned upon, and with the slow roll out of Strong Customer Authentication will become unacceptable. With banks needing to prove that they’re compliant. As for the rest of the world, regulators don’t always act with the interest of customer in mind. The US has a few notable examples of regulators protecting companies rather than consumers.