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Is My Business a Target for Social Engineering Fraud and Cyber Crime?

Posted: in Claims , Cyber Liability , Data Breach , Insurance , Loss Control , Small Business 4 years, 8 months ago

What is social engineering? It is the art of manipulating people in an online environment, encouraging them to divulge—in good faith—sensitive, personal information, such as account numbers, passwords, or banking information. Social engineering can also take the form of the "engineer" requesting the wire transfer of monies to what the victim believes is a financial institution or person, with whom the victim ...

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