Funds transfer fraud (FTF) is a particularly tricky form of cyber crime, often stemming from phishing or business email compromise (BEC). This online guide provides brokers with an in-depth breakdown of what FTF is, how it can impact your clients, and how cyber insurance can help.
Topics covered include:
• What is funds transfer fraud?
• How does it happen?
• Examples of funds transfer fraud.
• How coalition cyber insurance helps.
• What your clients should do if an attack happens.
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