The court notes:
Hyman-Michaels is a sophisticated business enterprise. It knew or should have known that even the Swiss are not infallible; that messages sometimes get lost or delayed in transit among three banks, two of them located 5000 miles apart, even when all the banks are using reasonable care; and that therefore it should take its own precautions against the consequences--best known to itself--of a mishap that might not be due to anyone's negligence.
The court's po-int is that H-M had information relevant to taking precautions against the breach.
(a) Yes
(b) No