Answer:
The insurer will deny because the fraud is not computer fraud but funds transfer fraud.
Explanation:
This loss is under Funds Transfer Fraud, not Computer Fraud.
When a computer is the direct means used for the crime, it is a Computer fraud. Fund transfer fraud coverage is when an instruction or series of instructions was what made the fraudulent transfer to occur, the means by which the instructions were given are not considered.
The crime was not in the use of a computer to make the transfer. It was in the instructions that caused an employee to make the transfer, making it a funds transfer fraud loss, not a computer fraud loss.
