Cyber Liability

What Social Engineering Fraud Insurance Covers — and How One Email Led to a $95,000 Claim

A New Jersey business wired $95,000 after receiving what looked like a routine email from their accountant. Nearly two years later, they learned the payment was fraudulent. This is social engineering fraud — and it’s now the most common cyber scam targeting small businesses.

Adam Overmyer

Dec 15 min read