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

• Notwithstanding anything in the Policy to the contrary, in the event a loss is covered under the Insuring Agreement entitled Social Engineering Fraud and any other Insuring Agreement, such loss shall only be covered under the Insuring Agreement entitled Social Engineering Fraud and shall be excluded under any other Insuring Agreement.

• 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.

• Improper financial gain does not include salaries, wages, fees, commissions, awards, bonuses, superannuation or other employee remuneration or benefits.In relation to Cyber Fraud or Social Engineering Fraud, it is a condition that the Insured is able to demonstrate to Keystone that any instructions received by the Insured were Tested prior to being actioned.

• Proof of Loss under Additional Benefit 2.11 Social Engineering Fraud must include an electronic recording or other documentation evidencing the Transfer Verification.

• Social Engineering Fraud includes the intentional misleading of: (a) a Subscriber or a Law Firm; (b) a client of a Subscriber or a Law Firm; (c) a partner, associate, employee, counsel, contract lawyer or other agent or representative of a Law Firm; or (d) a bank or other financial institution of any Person listed in clauses (a) to (c) above, into sending or paying money based on fraudulent information that is provided to any such Person in a written or verbal communication.

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 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 “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 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:transferring, paying or delivering any money or securities from an account maintained by the Insured to another person or entity;transferring or delivering any property to another person or entity; revealing confidential information; orchanging or altering bank account or payment details of any person or entity.

Social Engineering Fraud means a misrepresentation of fact or an intentional, malicious, wilful or fraudulent act undertaken by a third party and delivered via any aspect of your computer network that misleads your employee, officer or director and directly results in any or all of the following;