What is covered by computer fraud insurance?

Computer fraud insurance primarily covers losses that arise from fraudulent activities associated with the misuse of computers, networks, or data systems. This insurance is designed to protect businesses from financial loss resulting from criminal acts such as hacking, online scams, or unauthorized access to financial accounts.

The correct answer focuses on the fraudulent transfer of money and other property, which directly embodies the core purpose of computer fraud insurance. It covers situations where a hacker might impersonate a legitimate entity to transfer funds or steal sensitive information, ultimately resulting in financial loss for the company.

In contrast, the other choices do not align with the specific insurance protection offered by computer fraud policies. For instance, injury caused by software failure is related to liability issues rather than the fraudulent activities that this insurance addresses. Similarly, theft of property from physical premises pertains to general property insurance and not specifically to computer fraud, which deals with digital threats. Lastly, losses due to employee dishonesty usually fall under fidelity bonds or employee dishonesty coverage rather than computer fraud policies, as this would involve internal theft rather than external digital fraud.