Yacht Insurance Articles

Social Engineering & Funds Transfer Frauds

by Steve Prime, Gowrie Group Vice President

Social Engineering Fraud is a real and increasing risk to organizations of all types and sizes.  Our insurance carrier partners and our clients continue to see a dramatic increase in attempted – and successful – attacks of this type.  The hacking of personal data, devices and networks has become almost routine.  To paraphrase the FBI Director James Comey: There are two kinds of people in the US, those who have been hacked and those who have been hacked and don’t know it. 



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