Perspective
Apr. 5, 2016
Are your policies protecting you from phishing scams?
Three prominent pending cases will test the contours of computer crime and fraud insurance policies. By Mark P. Gaber and Jan A. Larson
Practical Policyholder Advice: Policyholders should review their Computer Crime and Fraud Insurance Policies and understand whether they could be interpreted to apply only to traditional hacking crimes involving direct access to a computer system, rather than sophisticated new forms of email "phishing" scams involving a fraudulent scheme to induce the transfer of funds. To the extent the policies may limit...
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