Most people can spot a spam email and robocall immediately, but bad cyber actors can convince even the most tech savvy individuals into handing over cash and sensitive information. (Credit: Fran Rodriguez/Adobe Stock) Most people can spot a spam email and robocall immediately, but bad cyber actors can talk even the most tech-savvy individuals into handing over cash and sensitive information over the phone. (Credit: Fran Rodriguez/Adobe Stock)

Fraudsters are excellent at adapting to new technologies and finding workarounds to exploit the system for monetary gain. They swindle homeowners after severe weather storms cause property damage and jump in on car accident claims with false injuries. These criminals are hard, though not impossible, to spot in person, but over the phone? They can assume any authoritative identity and fool even the most tech savvy people.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Ashley Hattle-Cleminshaw

Ashley Hattle-Cleminshaw serves as ALM's PropertyCasualty360 Senior Editor. She brings 10 years of experience in journalism and communications to the editorial team. Reach her by sending an e-mail to [email protected].

Agency Management
Information Security
Commercial Lines
Personal Lines
Corporate Risk
Cybersecurity
Loss Control