What is covered if someone hacks my business email to steal money or information?
If someone hacks into your business email and uses it to commit fraud, your cyber insurance covers the financial losses. Make sure to inform your insurer about the breach as soon as you find out.
- E-theft
This specifically covers cases where money is stolen through hacked emails. For example, if the hacker sends fake payment requests to your clients and redirects the payments, the policy ensures you're reimbursed.
Promptly notifying the insurer allows them to guide you on what evidence they need to process your claim.
Back to ClaimsWhat happens if I lose money because of online fraud?
If you lose money because of online fraud, your cyber insurance can help cover the loss. However, it's important to inform your insurer as soon as you become aware of the fraud. Here's how the policy helps.
What should I do if someone pretends to be my company (impersonation fraud) or me?
If someone pretends to be you or your business to steal money or harm your reputation, your cyber insurance can protect you. Make sure to report the incident to your insurer immediately.
Can I get covered if someone tricks my customers, bank, or financial institution into sending money?
Yes, your cyber insurance can help when deceptive communication leads to fraud. It's crucial to inform the insurer as soon as you become aware of such fraud.
What if someone intercepts my communication and uses it to steal money or data (man-in-the-middle attack)?
If someone intercepts your communication and steals money or sensitive information, your cyber insurance can help. Inform your insurer immediately to get the support you need.
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