Buying products in e-commerce platforms, transacting in websites or simply logging in social media have become our daily realities. Yet, cyberattacks are a constant threat that many don't realize. Nearly two-thirds of internet users are worried about a cyberattack and almost one-third have already experienced an attack, according to a 2019 survey by Verisk, a data analytics company.
Cyberattacks include sending viruses, identity theft, and cyberbullying. The severity of financial consequences caused by cyberattacks can ben profound. Various methods employed by cyberattackers can affect personal identity and confidential data of your family, emotional and living consequences due to cyberbullying, or even legal fees should you decide to press charges. Taking the necessary precautions while using the internet are imperative.
By having Cyber Security Insurance as additional precaution, you and your family can reduce financial risks that are associated with transacting online.
Cyber Attack
Compensates you for repairs needed to your desktops, laptops, or smartphones as a result of a cyberattack.
Cyber Extortion
Helps you recover from ransomware attacks that block you from accessing your personal data and demand a fee for you to regain control.
Identity Theft
Helps you pay for reasonable or necessary expenses, including legal costs, to correct or reinstate official public records and any loss of income caused.
Online Fraud
Compensates you for direct financial losses due to problems like identity theft, unauthorized banking or credit card transfers, phishing schemes and other types of fraud.
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