Courts Continue To Split Over Coverage For Email Scams
Law360, New York (September 8, 2017, 2:09 PM EDT) -- As instances of fraudulently induced monetary transfers continue to rise, policyholders should carefully review their insurance policies to understand what forms of computer fraud-related loss are covered. In the absence of a standalone cyberliability policy, fidelity and crime insurance policies may limit coverage to unauthorized system access, along the lines of computer hacking. Such policies may also limit coverage only to losses that are the “direct” result of computer fraud. As a result, policyholders may find themselves without coverage for losses that are not caused by direct hacking into a computer system — such as instances where employees are induced to...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!