Social Engineering Fraud definition

Social Engineering Fraud means the intentional misleading of an Employee through the use of a Communication, where such Communication:
Social Engineering Fraud means impersonation by any means of an Insured Person, client or customer of the Insured or a party with which the Insured has a Contract, by a Third Party to manipulate an Insured Person to issue an instruction to a financial institution to debit, pay, deliver or transfer money or securities from an account maintained by the Insured to that Third Party or another person or entity.
Social Engineering Fraud means a misrepresentation of fact or an intentional, malicious, wilful or fraudulent act undertaken by a third party that misleads an Employee and directly results in any or all of the following;

Examples of Social Engineering Fraud in a sentence

  • Social Engineering FraudLoss resulting directly from the Insured, in good faith, transferring, paying, or delivering money from its own account as a direct result of a Social Engineering Fraud; PROVIDED, that the entity receiving such request generally maintains and follows during the Bond Period all Social Engineering Security Procedures.


More Definitions of Social Engineering Fraud

Social Engineering Fraud means the intentional misleading of an Employeethrough the use of a Communication.
Social Engineering Fraud means intentionally misleading an Insured Person, by providing an instruction that:
Social Engineering Fraud means the intentional misleading of an “employee” through the use of a “Communication”.
Social Engineering Fraud means the intentional misleading of an Employee, through misrepresentation of a material fact which is relied upon by an Employee, believing it be genuine.
Social Engineering Fraud means the intentional misleading or deception of you or an employee through pretexting, phishing, spear phishing or any other confidence trick communicated by email, text, instant message, telephone or other electronic means.
Social Engineering Fraud means a misrepresentation of fact or an intentional, malicious, willful or fraudulent act undertaken by a third party that misleads a Claimant and directly results in a Loss.
Social Engineering Fraud means “the intentional misleading of an Employee or Authorized Person by a natural person impersonating . . . a Vendor . . . through the use of a Communication.”