Chubb’s New Crime Insurance Coverage Helps Protect Firms from Impostors
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"As organizations continue to seek to improve their computer security, social engineering scams are taking aim elsewhere – at human beings," said Bangs. "It's easy for a thief to pose as a vendor and request by email that a payment be directed to a new bank account. The company may not realize it was defrauded until weeks or months later when the vendor sends out an overdue payment notice."
The endorsement can be added to the crime insurance coverage section of the following
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