Wire Fraud and Social Engineering: Protecting Against Million-Dollar Scams with David Finz of Alliant Insurance
Update: 2025-06-11
Description
We're coming to you LIVE from Riskworld 2025! In this episode of Brick by Brick, Jason Reichl sits down with David Finz, Senior Vice President at Alliant Insurance Services, to tackle the growing threat of social engineering attacks that are costing businesses six and seven-figure losses. David shares his expertise helping companies across construction, healthcare, and financial services understand how cyber insurance works alongside crime and fidelity policies to protect against wire fraud and business email compromise.
Discover the four key types of cybercrime losses covered under cyber policies, why employees fall for increasingly sophisticated payment instruction changes, and how to implement multi-layered authentication systems. Learn why risk managers need to break down silos between IT, HR, and legal teams, how tabletop exercises can elevate your profile within your organization, and practical strategies for staying ahead of threats - including emerging AI-powered voice phishing that David's team is now seeing firsthand.
To find out how TrustLayer manages risk so that people can build the physical world around us, head to TrustLayer.io.
Podcast Host: Jason Reichl
Executive Producer: Don Halliwell
Episode Highlights:
- 00:00 - Intro: Meet Jason Reichl from Alliant Insurance Services
- 03:03 - Beyond Insurance: Building Multi-Layer Security Controls
- 05:20 - AI Deep Fakes: The New Frontier of Cyber Threats
- 07:07 - Understanding Different Types of Cyber Insurance Coverage
- 10:09 - Breaking Down Organizational Silos in Risk Management
- 12:20 - Emerging Threats: AI and Quantum Computing Risks
- 14:28 - Fun Game: Risky or Too Risky Scenarios
- 17:52 - Key Takeaways: The Future of Risk Management
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Risk Management: Brick by Brick is handcrafted by our friends over at: fame.so
Previous guests include: Seth Hausman of Kraus-Anderson Insurance, Matthew Meyer of The Horton Group, Diana Rich of Foundation Building Materials, Christy McHenry of Suffolk Construction, Mark Rieder of NFP, and Cory Mangum of Primoris Services Corporation.
Check out the three most downloaded episodes:
Previous guests include: Seth Hausman of Kraus-Anderson Insurance, Matthew Meyer of The Horton Group, Diana Rich of Foundation Building Materials, Christy McHenry of Suffolk Construction, Mark Rieder of NFP, and Cory Mangum of Primoris Services Corporation.
Check out the three most downloaded episodes:
- Managing Your Risk Portfolio with Seth Hausman
- Focusing on Specialization with Matthew Meyer
- Risk Management is Everywhere with Diana Rich
If you are interested in being a guest on Risk Management: Brick by Brick, please complete this form: fame.so/trs-guest
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