Analysis

Online fraud and cyber scams soar during pandemic lockdown but insurance for it 'fairly new'

By 2020-09-08T13:44:00

fraud steal arm

A spike fraud and cyber scam in cases has exposed a new risk for the cyber insurance market, Insurance Times looks at what the industry is doing to protect vulnerable customers during the pandemic and why some many not be covered if they work remotely

Cyber scams and fraud have become more prominent during the Covid-19 pandemic as most of the nation continues to work from home, but insurance that covers this while working remotely is ”fairly new” and not all staff will have it. 

This means that those that work remotely are a potential target for cyber criminals and fraudsters. 

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