Insurance Is the Backstop, Not the Plan
Cyber and E&O policies commonly cap social-engineering losses below the size of a single high-value wire. Check what your own policy actually covers.
Whether a diverted wire is covered depends on the customer's own policies, and funds transfer fraud, social engineering fraud, and fraudulent instruction can be treated differently by different insurers. WireVault does not insure customers, funds, or transactions. What WireVault provides is the verification and the tamper-evident record. Every completed verification creates a tamper-evident record designed to make unauthorized changes to the approved instructions detectable. A clear record of what was verified and when is exactly what a claims process, a dispute, or an internal review needs.
← All Solutions- WireVault does not insure customers, funds, or transactions
- Every completed verification produces a tamper-evident record of the approved instructions
- A time-stamped record supports claims, disputes, and internal reviews
- Your own coverage (check your policy)
- Instructions locked
- Instructions recorded
- Verified transaction
Insurance sits at the outer edge. The verification and the tamper-evident record happen before any claim.
- Does WireVault insure my wire transfers?
- No. WireVault verifies the recipient and creates a tamper-evident record of the approved instructions. Insurance coverage, if any, comes from your own policies.
- Will WireVault's record help with an insurance claim?
- A time-stamped record of what was verified and when gives your insurer, your firm, and your counsel a factual foundation. Whether a specific loss is covered depends on your policy.