Insurance Risk Management, Inc. (IRMI) defines social engineering as “the act of deceiving people to cause them to divulge confidential information.” It usually involves someone posing as someone with the authority to obtain sensitive information, such as a password, or it could cause a fraudulent funds transfer. A Cyber policy is a good start to protecting your business in the event of a social engineering scam. For more information, see our website article, “Social Engineering: A Growing Threat to Your Cyber Security” or call our office at 480-348-2200.