Talk to me about A&E

Episode 22: Cyber risk alert: Fraudulent funds transfer


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WTW A&E has seen a recent rise in claims from design professional firms related to fraudulent fund transfers and rogue employees. Dan Buelow talks to two experts concerning this disturbing trend to get some advice on what firms need to do to mitigate this significant and pervasive risk. What is the standard of care of a design firm and what can firms do to mitigate this risk? Tara Albin, Midwest Region Cyber Leader and Liz Caldwell, Cyber Claims Leader from the WTW Cyber Group help us answer this question and share some claims stories as well as very important lessons learned involving fraudulent fund transfer and rogue employees.

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