Fraud is a growing problem in the U.S. and the world of wire transfer fraud. Most companies don’t have insurance policies that cover wire fraud, experts say. Most of the fraud victims are not covered by their own insurance policies, they say. The insurance market has grown to $2.75 billion, up from $2 billion in 2013, according to The Betterley Report. The report says most of the victims are victims of fraud, not just fraudsters, but victims are often victims.”]
Source: https://www.csoonline.com/article/2978935/cybercrime-by-wire-fraud-what-s-covered.html