Insurers Case Files - True Crime Stories
Scams in the form of funds transfer fraud have been dominating the news, with over S$600 million lost in over 50,000 such scam cases in 2023 alone. And these eyewatering numbers are set to increase even further, with the Singapore Police Force recently warning that scams and cybercrime continue to be on the rise.
What also makes such scams hard to detect is that they come in a wide variety of formats and can involve the simple click on a phishing link contained in a SMS from a bank, or the use of sophisticated, deepfake technology to impersonate a CFO on a video call. In a world where the scammers always seem to be one step ahead, how can we keep ourselves safe?
In this complimentary session, we will delve into insurers’ claim files and explore three (3) different types of scams involving funds transfer fraud, including social engineering fraud, compromise of IT systems and fraudulent instructions, and discuss the cover provided under crime insurance policies. We will also share insurers’ insights into the prevention and mitigation of such fraud and what can be done to reduce the risk of becoming a victim.
For Whom
This session is designed for a broad spectrum of professionals in the insurance industry who are interested in claims under Crime Policies which includes Underwriters, Claims Professionals, Brokers and Agents.
Save the Date:
• 30 April 2025
• 2.00 p.m to 5.00 p.m
• 80RR Fintech Hub SG, Robinson Road 80, Singapore
• Complimentary
For more information, contact TT@scidomain.org.sg
More details will follow.
