Social Engineering Fraud Insurance Summary

Helpful Facts

  • Social Engineering Fraud Insurance protects businesses from financial losses caused by scams like phishing, impersonation, and fraud.
  • It fills gaps in standard policies by covering losses from employee-authorized fraudulent transactions.
  • Key features include protection against phishing, employee fraud, and unauthorized transactions, vital for food-related industries.
  • Businesses can mitigate risks through employee education, dual-verification protocols, and anti-phishing tools.
  • Adding fraud insurance to a risk management plan ensures financial security and continuity against scams.