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Federal Courts of Appeals Clarify Scope of Computer Fraud Coverage

Alert July 24, 2018

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  • Federal Courts of Appeals Clarify Scope of Computer Fraud Coverage

Federal Courts of Appeals Clarify Scope of Computer Fraud Coverage

July 24, 2018, Covington Alert

Phishing, spoofing, and computer-based scams pose a significant threat to businesses. Yet in recent years many victims of these scams — also variously referred to as "business email compromise," "social engineering," "fake creditor," or "fake president" fraud — have found that their insurers refused to pay claims for their computer-related fraud losses.

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