A New York federal judge told JP Morgan Chase Bank this week that he would not toss a lawsuit accusing the bank of ignoring red flags when cybercrooks stole $272 million from the New York account of the company that makes Ray-Bans in 2019. In an opinion and order filed on Wednesday [PDF], US District Judge Lewis Liman dismissed claims that JP Morgan breached its contract and was negligent, but said that the Thai manufacturing subsidiary of international eyewear company EssilorLuxottica, Essilor Manufacturing (EMTC), can continue with a claim under New York contract law requiring banks to refund unauthorized payment orders from a customer.

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