We provide deep expertise, attentive service and tailored business insurance solutions to help manage exposures and minimize loss across a wide array of industries.
Our wide range of business insurance products and solutions are specialized to meet the insurance and risk management needs of any business around the world.
With an average of more than 20 years of experience, CNA Risk Control professionals drive a program of systematic, sustainable risk control solutions designed to increase productivity and help protect your bottom line.
We provide deep expertise, attentive service and tailored business insurance solutions to help manage exposures and minimize loss across a wide array of industries.
Our wide range of business insurance products and solutions are specialized to meet the insurance and risk management needs of any business around the world.
With an average of more than 20 years of experience, CNA Risk Control professionals drive a program of systematic, sustainable risk control solutions designed to increase productivity and help protect your bottom line.
Advance planning ahead of tax season can help mitigate the risk of an error or omission. CNA's @DebRoodCPA shared p… https://t.co/IkM9g9OTBS
Protecting Insurance Clients Against Social Engineering Scams
Businesses may erroneously assume that their cyber liability or crime/fidelity policy covers social engineering fraud losses. The policy must explicitly state coverage for social engineering – and if it doesn’t, it likely isn’t covered.
According to the FBI, exposed losses from a particular type of social engineering threat topped $5.3 billion globally for attacks occurring from October 2013 to December 2016. Social engineering has been reported in all 50 states and in more than 131 countries. Businesses may erroneously assume that their cyber liability or crime/fidelity policy covers social engineering fraud losses. But because social engineering crimes involve the release of company funds by a person within the company, standard liability policies may not cover the losses. The policy must explicitly state coverage for social engineering – and if it doesn’t, it likely isn’t covered. CNA is experienced in working with agents and brokers to identify management liability business exposures for their clients.
