Fallout from Computer Fraud and Funds Transfer Fraud

Two huge reasons why crime insurance is needed Travelers Insurance put out an excellent bulletin that describes the financial threats posed by funds transfer fraud and computer fraud, and the need for specialized Crime Insurance coverage.  The Travelers coverage version,

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Electronic Fraud Overtakes Traditional Theft Losses

Overseas markets pose emerging risks For the first time, major international corporations are reporting higher fraud losses  from electronic theft of data than from physical stealing of assets, cash and inventory.  With 98 percent of businesses affected, China appears to have

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The Need of Cyber Risk Security Breach Insurance

Data Breach Numbers Rise

The latest U.S. Cost of a Data Breach Study indicates a significant increase in not only the out of pocket cost of data breach incidents, but also the cost of lost business created by the turnover of customers due to

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