Since the beginning of 2016 we have been highlighting cyber risks with our clients, with a focus on protecting your assets and finances by having good cyber security.
With Hurricane Harvey, Hurricane Irma, Mexico’s earthquake all top of mind, the article from the Economist highlighting how criminals make money from disasters struck a chord. The link is below, but to summarise, here are some of the ways that criminals take advantage of disasters to make money for themselves:
- Phishing scams requesting donations from duplicitous charitable organisations.
- Setting up a website or social media account for a fake charity.
- Using Facebook, Twitter to solicit donations for fake charities.
- False insurance claims for rebuilds.
- Small time operators going door-to-door to get deposits for rebuilds then disappearing.
- Insurance fiddles – goods written off then sold
- People deliberately damaging goods so that they can claim insurance cover
If you have any thoughts or opinions that you would like to share, visit us at our Twitter, Facebook or Linked In pages, and comment.
For more blog entries that you might be interested in:
This is what happens when you reply to a suspicious email
Why you shouldn’t ‘tweak’ your insurance claim (it’s not just a little white lie).
When will your insurance not pay out?
By Carey Church
