Hacked Emails Will Cost You More Than You Realize
In a recent case from the Eastern District of PA, Constr. Fin. Admin. Serv. LLC v. Fed. Ins. Co., the court upheld an insurance company’s exclusion for “hacked” losses. The plaintiff/policyholder in the case brought suit against its insurer after it mistakenly sent wire transfers to a foreign company after receiving fraudulent emails vis a vis […]