Business Email Compromise Scams: Are You Covered?
Among a range of burgeoning cyber threats, companies are increasingly being targeted by business email compromise ("BEC") and social engineering scams. Orrick Partner Darren Teshima and his colleagues advise companies on both prevention of and insurance coverage for losses related to these cutting edge threats. In this AltaClaro Expert Clip, Darren details the elements of an advanced BEC scam and analyzes some key terms in a crime policy that courts tend to focus on when resolving coverage disputes between insurers and insureds.
To learn more about this cutting-edge area, be sure to check out Darren's webcast, Mitigating Hacker Risk: Demystifying and Negotiating Cyber Insurance Policies, created in partnership with AltaClaro.
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DISCLAIMER: Because of the generality of this material, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.