Today on Don’t Take No for an Answer, Lynda A. Bennett and Eric Jesse discuss the stealth disappearance of social engineering and fraudulent instruction coverage, and what you can do to make sure you have insurance coverage for online scams. A fidelity bond policy and standalone cyber policies are supposed to cover the situation of an employee being duped, but as scams increase, insurance companies are reducing both their own transparency and their coverage. To mitigate risk, policyholders should also consider additional protections such as independent verification, firewall protections, and enhanced employee training.
Speakers:
Lynda A. Bennett, Partner and Chair, Insurance Recovery
Eric Jesse, Partner, Insurance Recovery