6lock Puts A Lloyd’s Policy Behind The Wire Transfer

Cyber Insurance News story on payment fraud insurance showing a closed vault door with a lit keypad and an envelope on the floor, for article on payment fraud insurance.

Private equity moves large sums on short notice. Much of that money still moves on the strength of an email. 6lock wants to change that. Now it has put an insurance policy behind the attempt. The Austin-based Verified Money Movement platform announced coverage of up to $1 million per occurrence for eligible transactions. The policy … Read more

Payment Fraud Controls Have To Work When Nobody Notices Anything Wrong

Half of American finance professionals have let an unusual payment request through, or nearly did, because it appeared to come from someone they trusted. That figure sits at the center of the Yooz 2026 Payment Fraud Readiness Report, published this month. It matters because trust was never a control. It was a shortcut that worked … Read more

Ransomware Loses Its Crown as Phishing and Fraud Explode, WEF Warns

The World Economic Forum’s Global Cybersecurity Outlook 2026 highlights that fraudsters are now a bigger concern than ransomware groups. The report, released today, warns that CEOs are most worried about phishing and cyber-enabled fraud, especially as AI makes these attacks more convincing, costly, and common. Fraud And Phishing Take The Top Spot According to the … Read more

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