Fraudulent Instruction Loss: How Crime and Cyber Insurance Policies Intersect

Email-based fraudulent instruction scams are among the most common schemes affecting businesses today, and can be a source of significant frustration and financial loss. Crime and cyber policies represent the two most common sources of insurance recovery for losses from such schemes, and it’s vital that organizations understand what is and is not covered under these forms of insurance. Incident response planning and quick action after the discovery of a loss is also crucial.

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