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Your Cybercrime Insurance Policy May Not Cover You For Social Engineering Fraud

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I have talked about this potentially extremely expensive and very disappointing "CEO fraud" or "Business Email Compromise" problem many times before.

Your cybercrime policy may not include damage caused by sophisticated scams that "hack your humans" using social engineering tactics.

This is true worldwide, and last week another example came up in Canada where an article about a legal case appeared in Canadian Underwriter, asking insurance brokers to make sure that their customers were covered for social engineering fraud.

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