Insurance Company On The Hook for 1.7 Million Dollars After Denying BEC Scam Claim

By December 12, 2019Cyber Security

An article in the insurance Journal reports that the 11th Circuit Court in Atlanta agreed with a district court ruling that insurance company “Ironshore” is still on the hook for paying a claim to Principal Solutions Group arising from a BEC (Business Email Compromise) scam resulting in the loss of about $1.7 million dollars. 

Refer Here for Original Post and Source https://blog.knowbe4.com/court-insurance-company-still-on-the-hook-for-1.7-million-dollars-after-denying-bec-scam-claim

Robert Crossland

Author Robert Crossland

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