Your Cybercrime Insurance Policy May Not Cover You For Social Engineering Fraud

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I have talked about this potentially extremely expensive and very disappointing “CEO fraud” or “Business Email Compromise” problem many times before.

Your cybercrime policy may not include damage caused by sophisticated scams that “hack your humans” using social engineering tactics.

This is true worldwide, and last week another example came up in Canada where an article about a legal case appeared in Canadian Underwriter, asking insurance brokers to make sure that their customers were covered for social engineering fraud.

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KnowBe4 is the world’s largest security awareness training and simulated phishing platform that helps you manage the ongoing problem of social engineering. The KnowBe4 platform is user-friendly and intuitive. It was built to scale for busy IT pros that have 16 other fires to put out. Our goal was to design the most powerful, yet easy-to-use platform available. Customers with businesses of all sizes can get the KnowBe4 platform deployed into production at least twice as fast as our competitors. Our Customer Success team gets you going in no time, without the need for consulting hours.

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