A quick payment. A fake deal. A big mistake. A PR firm falls for a $50K AI-driven email scam—see how BOXX helped them recover and why cyber insurance is vital for every business.
Few Canadians were spared from the national outage experienced on Friday July 8th. Adding insult to injury, savvy hackers are using this outrage to their advantage.
In a cyber incident reported to us last week, a senior employee in the insured’s finance department discovered their email address had been compromised; when a phishing email was broadcast from their email address to their entire contact list.
We’ve seen a pick up in costly fraudulent wire transfers. All businesses must accept the fact that at some point their systems or networks will very likely experience an unauthorized intrusion of some kind.