The parties filed cross-motions for summary judgment.The Policy’s “Computer Fraud Coverage” section protects against the “direct loss of Money, Securities or Property sustained by an Organization resulting from Computer Fraud committed by a Third Party.One of the more vexing threats in the current business environment is the rise of “social engineering fraud” or “payment instruction fraud.” In these schemes scammers using official-seeming email communications induce company employees to transfer company funds to the imposters’ account.
While you can’t schedule a post from either your Facebook personal account or a Group, this is how you schedule a Facebook Page post.
To schedule a post to a future date: On your Facebook Page, write your post in the Status field as you normally would.
The email stated that the company was finalizing an acquisition and that an attorney named Michael Meyer would contact the clerk.
The same day, the clerk received a phone call from a man identifying himself as Meyer, who provided payment instructions.
To backdate a post: On your Facebook Page, write your post in the Status field as you normally would.
You have 3 options: Select Backdate Select Year then Month then Day Select Backdate This backdated post will be published immediately in the News Feed, and achieved at your chosen date.
The Policy defined “Computer Fraud” as “The unlawful taking or the fraudulently induced transfer of Money, Securities or Property resulting from a Computer Violation.” The policy defines a “Computer Violation as both “the fraudulent (a) entry of Data into …
a Computer System; [and] (b)change to Data elements or program logic of a Computer System, which is kept in machine readable format …
On investigation, the company determined that the fraud was achieved by entry into Mediadata’s email system with spoofed emails armed with a computer code that masked the thief’s true identity and made it appear as if the emails were from the company’s President.