Dual Email and Telephone Fraud Diverted $870,000 in Payments Insurance lawsuit over 2023 fraud concerned Texas steel erector's loss bigger than its policy limit Richard Korman March 17, 2026 No Comments Did two separate payments require two separate insurance claim payouts?Read More
Worries Over Supply Chain Risks Turn Out to Be True So Far in 2025 Year is turning out to be an unwelcome thriller Richard Korman March 7, 2025 One Comment The industry seemed to feel trouble coming, according to a recent risk survey.Read More
Information Technology Athens, Ohio, Sues to Recover Nearly $722,000 After Cyber Attack City erroneously paid hacker after receiving fake Pepper Construction invoice Jeff Yoders December 24, 2024 One Comment City officials were tricked out of a payment meant for Pepper Construction for a fire station project.Read More
Crime Justice Served: Scammer Sentenced in Major Construction Payment Fraud Another member of fraudulent funds transfer ring gets seven years in jail James Leggate October 8, 2024 No Comments 'Outrageously successful" scheme netted $14 million, say prosecutors.Read More
Insurance Massachusetts Town Receives $100K Claim Payout for School Project Cyber Theft Richard Korman October 2, 2024 No Comments Insurance coverage was being sought for an email-diverted payment fraud.Read More
While Cyber Insurance Prices Decline, Watch Out for Terms and Conditions Richard Korman September 13, 2024 No Comments Dramatic price increases of 2021 and 2022 are in the past.Read More
Green Buildings Clark Construction Wins $524M Contract to Build Federal Cybersecurity Headquarters Project will raise the sustainability standard for D.C. government buildings, says GSA James Leggate August 20, 2024 No Comments GSA expects the project to incorporate low embodied-carbon materials and sustainable building systems. Read More
Risk How Fort Lauderdale Recovered a Phished $1.2M Police HQ Project Payment Quick action thwarts cyber thieves stealing a payment for the Florida city's contractor Richard Korman April 2, 2024 No Comments Unlike a recent cyber theft in Minnesota, diverted funds for Moss Construction were quickly reported.Read More
Black & Veatch Establishes Global Cybersecurity Practice Jeff Yoders March 21, 2024 No Comments Engineer Black & Veatch has brought on Ian Bramson as its vice president of global industrial cybersecurity.Read More
Cyber Security: Insurance Prices Level After Two Years of Brutal Increases Richard Korman November 17, 2023 No Comments Expert Tara Albin, midwest cyber leader for a unit of broker Willis Towers Watson, says Insurance carriers have more experience underwriting risks.Read More