Electronic Fund Processing (EFP)insurance covers losses from the theft or loss of computers and data,the impact of computer viruses and computer system failures,intrusion by hackers,and problems with the privacy of customer information stored in databases.

Question

Quizplus · Accepted Answer

Electronic Fund Processing (EFP) insurance typically covers losses related to the processing of electronic funds, such as errors in transactions or fraud, rather than the broader range of issues like theft of computers, viruses, or data privacy breaches.

Electronic Fund Processing (EFP)insurance Covers Losses from the Theft or Loss