Funds Transfer Fraud
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Common Cyber Tax Fraud Schemes (and How to Help Mitigate Them)
During tax season, businesses tend to unknowingly lower their defenses to attackers — and almost all cyber tax fraud starts with a phishing email.
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Coalition Clawbacks: Putting Stolen Funds Back in Policyholders’ Pockets
When threat actors commit funds transfer fraud, Coalition goes where others can’t to “claw back” stolen funds — recovering an average of $162K per FTF claim.
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How Broker Roles Evolve Alongside Claims Trends
Businesses are getting hit harder and more often with cyber attacks — and they’re increasingly turning to their trusted brokers for guidance.
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Security Alert: MFA Spamming Attacks Increase Cyber Claims
MFA fatigue, overwhelming users with constant authentication requests, can lead to cyber insurance claims. Learn what mitigations are available.
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How Coalition Recovered $5.5M After Funds Transfer Fraud
After a Coalition policyholder mistakenly wired money to a fraudulent account, our claims team jumped into action and recovered 85% of the initial loss.
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Threat Actors Aren’t Targeting Your Business — You’re Just Making the Cash Grab Easy
Coalition’s Head of Claims explains why funds transfer fraud is now the top attack method, along with other key findings from the 2023 Cyber Claims Report.
