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A New Twist on Coverage for Losses From 'Spoofed' Emails | Ervin Cohen & Jessup LLP

The facts are frequently the same. A company that has retained the services of a vendor receives an authentic-looking email from the vendor’s CFO which advises that the vendor has. ....

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Third-Party Email Fraud Covered By Insurance Policies - Insurance Laws and Products

Believing the email to be genuine, a subordinate in the company wired the funds to the fraudster's account. ....

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Third-Party Email Fraud Covered By Insurance Policies | Ervin Cohen & Jessup LLP

In Medidata Solutions, Inc. v. Federal Insurance Company, 268 F. Supp. 3d 471 (S. D. N. Y. 2017), aff’d, 729 Fed. Appx. 117 (2nd Circuit 2018), the Court found that there was insurance. ....

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WTF?! – Recurring Issues in Wire Transfer Fraud Coverage Disputes | Locke Lord LLP

Business email compromise threats trick unsuspecting targets into sending money to the perpetrators, often through use of fraudulent wire or ACH transfer instructions. Entities should. ....

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Social Engineering Attacks May Be Insured by Commercial Crime Coverage

Social Engineering Attacks May Be Insured by Commercial Crime Coverage
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