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Insurer Says Property Co. On Hook For $250K Cyber Theft

By Jennifer Mandato ( November 22, 2024, 8:26 PM EST) -- An insurer for a Washington condominium association told a federal court that a property management services company must reimburse the carrier for nearly $250,000 its insured lost after cybercriminals allegedly hacked into the management company's computer system and made payment requests from the condo association's bank account....

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