Articles

Accounts deceivable: Email scam costliest type of cybercrime

Business Email Compromise scams are a type of crime where criminals hack into email accounts, pretend to be someone they’re not and fool victims into sending money where it doesn’t belong. These crimes get far less attention than the massive ransomware attacks that have triggered a powerful government response, but BEC scams have been by far the costliest type of cybercrime in the U.S. for years, according to the FBI—siphoning untold billions from the economy as authorities struggle to keep up.

Read More

Evolving law addresses coverage after hack

In what one justice described as an “emerging area of law,” the Indiana Supreme Court recently issued an opinion that insurance lawyers say provides, for the first time, concrete guidance in Indiana on how far computer fraud insurance can extend against hacks.

Read More