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

• Any crime insurance policy shall contain a Social Engineering Fraud Endorsement with a limit of not less than two hundred and fifty thousand dollars ($250,000).

• Social Engineering Fraud Loss 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.

• The Social Engineering Fraud Insuring Agreement Aggregate Limit of Liability shall be reduced by the amount of any payment made under the terms of the Social Engineering Fraud Insuring Agreement.

• Such Aggregate Limit of Insurance for a Bond Period will be reduced, and may be exhausted, by the amount of any payment under the Social Engineering Fraud Insuring Agreement for any loss discovered during that Bond Period.

• The EXCLUSIONS section is amended by the addition of the following Exclusion: loss resulting directly or indirectly from an Employee relying upon and/or acting upon a Social Engineering Fraud Instruction, except when covered under the Social Engineering Fraud Insuring Agreement.

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 any fraudulent or dishonest instruction to the Insured or its agents which purports to be from a legitimate or trusted source authorised to make such instruction and which results in the Insured:

Social Engineering Fraud means the intentional misleading of an “employee” through the use of a “Communication”.

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 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 Transfer Instruction.

Social Engineering Fraud means the intentional misleading of an Employee through