Blogs12.9.20
Gone Phishin': How Does Insurance Apply To Business Email Compromise Losses?
Authors
Suppose one of your business partners paid a multimillion dollar invoice to a fraudster, rather than to your business. Further suppose that the perpetrator had hacked your server, thereby enabling him to send out a fake invoice that appeared to have been sent by your business. Whose insurance policy covers the loss – the one issued to your business partner, or the one issued to your business?
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