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Claim scenario

Racing against the clock to recover $1.3M from a phishing attack

In late January 2020, attackers compromised the email account of a nonprofit’s Finance Director.

In late January 2020, attackers compromised the email account of a nonprofit’s Finance Director. Four months passed as the attackers searched the policyholder’s mailboxes for terms related to finance, banking account information, payment, and funds requests. Next, the attackers set up rules to move a series of legitimate emails from the policyholder’s inbox to their junk folder

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* The claims scenario is strictly documented for illustrative purposes only and provides an example of what a policy could cover. It is intended to provide a general overview of the program described. Please remember only the insurance policy can give actual terms, coverage, amounts, conditions and exclusions. Program availability and coverage are subject to individual underwriting criteria.