Belgian Court Orders KBC to Reimburse School 44,300 Euros in Phishing Fraud Case

The Antwerp Court of Appeal ruled that KBC must reimburse a school 44,300 euros lost to a phishing scam, overturning a lower court decision. The court found the payments unauthorized and the school not seriously negligent, setting a legal precedent for bank liability in fraud cases. This ruling may influence future phishing dispute outcomes in Belgium.