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News From the Vault: How your customers are becoming victims of wire fraud

by | Nov 12, 2021 | Public Entities

Incidents continue to be reported to banks and their insurers involving data compromises that occur at the bank customer’s location. Banks are saddled with a dual duty when it comes to wire transfers – securing against wire fraud through your own policies and procedures, and helping customers secure themselves against data compromise.

In our latest News from the Vault article, Craig Collins of Intact Financial Services shares some of the most common and evolving methods of data compromise. Read the complete article on our website.

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We provide custom insurance solutions for midsized municipalities, counties and special districts including water and sanitation, non-rail transit authorities and other publicly-funded agencies. This blog covers our company’s news and events and provides safety and risk management tips.