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Banks Demand Unlimited Power to Freeze Accounts Without Any Court or Police Approval - And It Is a Good Thing


Banks are asking for the power to freeze any account without waiting for a court or police order.


Is it good? Or harmful?


The goal is to act faster than cybercriminals. But the risk of making a mistake is too big to ignore.


One wrong trigger can block a company’s access to its own money, delay salaries, and ruin client trust in a single day. And once an account is frozen based on suspicion, the damage is done, even if it was a false alarm.


 
 
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