December 10, 2024
A law firm specializing in real estate transactions and its cyber insurer told a North Carolina federal court Tuesday they've agreed to settle their dispute over coverage for a phishing scam the firm said caused it to unwittingly wire roughly $647,000 to the hacker's bank account.
November 14, 2023
A North Carolina real estate firm is suing its insurance carrier, saying in a complaint moved Monday to North Carolina federal court that its policy should pay for its legal defense after a hacker broke into its system and sent a phishing email that resulted in closing counsel wiring a six-figure sum to the hacker's bank account.