Money in Motion: Wire Fraud in the Age of Cyber Risk

As fraud tactics evolve from simple phishing to sophisticated AI-driven deception, the line between cyber, crime, and professional liability coverage grows increasingly complex. This session examines how social engineering and banking fraud are reshaping the claims and underwriting landscape and what professionals across the liability spectrum need to know.
This session will unpack real-world loss scenarios, explore the ongoing coverage debates over “computer fraud,” “funds transfer,” and “social engineering” definitions, and discuss how the market is responding through refined policy language, enhanced training, and layered coverage structures.
• Underwriters will gain insight into how emerging fraud schemes are pressuring traditional policy wording and creating new underwriting considerations.
• Brokers will better understand how to guide clients through overlapping coverage areas and negotiate clear terms.
• Claims professionals will see how courts and carriers are interpreting key coverage triggers in this evolving space.
• Risk managers will learn proactive strategies to mitigate exposure through employee training, internal controls, and layered insurance solutions.
• Attorneys will explore the latest litigation and regulatory developments impacting coverage interpretation and claims resolution.
Join this timely discussion to stay ahead of the fraud curve and ensure your clients and organizations are prepared for what’s next in the intersection of cyber, crime, and professional liability insurance.