Fidelity insurance compensates companies for financial losses if they have fallen victim to criminal acts committed by persons in positions of trust – that is, if a company’s employees embezzle money, sabotage the company, disclose trade secrets or are guilty of breach of trust. Criminal activities carried out by temporary workers or employees of service providers are also covered. Financial losses resulting from deliberate acts committed by external fraudsters (such as in ‘fake president’ scams) are usually also covered under fidelity insurance.