Third-Party Email Fraud Covered By Insurance Policies - Insurance Laws and Products
Believing the email to be genuine, a subordinate in the company wired the funds to the fraudster's account.
Source: mondaq.com
Stay updated with breaking news from Cincinnati Ins. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Believing the email to be genuine, a subordinate in the company wired the funds to the fraudster's account.
In Medidata Solutions, Inc. v. Federal Insurance Company, 268 F. Supp. 3d 471 (S. D. N. Y. 2017), aff’d, 729 Fed. Appx. 117 (2nd Circuit 2018), the Court found that there was insurance...