Claims Examples

Computer & Electronic Crime Rider

A computer hacker gains access to a bank’s system and fraudulently initiates ACH debits to transfer funds to his personal account.
   
A customer gains access to a bank’s proprietary system via a modem connection and posts unauthorized credits to her account.
   
An individual pretending to be a customer of a bank initiates fraudulent instructions via email and fax to transfer funds from the actual customer’s account to another account.
   
A computer program owned by a bank is altered by a virus that destroys electronic data in the computer system. The bank has to hire a technical specialist to restore the lost electronic data.