COVID-19

Insurance and COVID-19 answers to frequently asked questions

First and foremost, we hope that you and your loved ones are healthy.   These are extraordinary and uncharted times for businesses around the world.  Globally, no business is unaffected by COVID-19.  To answer some of your questions regarding insurance for mandated or voluntary shutdowns please see information below. We are here for you 24-7 … Continue reading “Insurance and COVID-19 answers to frequently asked questions”

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Voice Mimicking Software

An artificial-intelligence first: Voice-mimicking software reportedly used in a major theft

Thieves used voice-mimicking software to imitate a company executive’s speech and dupe his subordinate into sending hundreds of thousands of dollars to a secret account, the company’s insurer said, in a remarkable case that some researchers are calling one of the world’s first publicly reported artificial-intelligence heists. The managing director of a British energy company, … Continue reading “An artificial-intelligence first: Voice-mimicking software reportedly used in a major theft”

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computer-code

Funds Transfer Fraud through Computer Hacking

Computer Hacking is a  growing risk facing businesses today.  We hear about it in the news almost daily. From an insurance and loss perspective, we have seen one unique trend over the last 6 months.  Each scenario has varied slightly from the last, but the fact pattern is essentially the same. Hackers are penetrating business networks.  … Continue reading “Funds Transfer Fraud through Computer Hacking”

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