Personal Cyber Insurance
It’s no secret that cybercrime is on the increase. The threat of attack is rising with the latest figures revealing the substantial growth of this type of criminal activity. As we all become more computer savvy our reliance on e-commerce and technology grows. Technology is becoming more readily available and our dependence on smart phones, computers, tablets and Wi-Fi networks is paving a digital way of life for modern living. It’s also opening the door ever wider for criminals and hackers intent on breaching the security of our devices for their own financial gain.
Typical covers provided by personal cyber insurance policies
- Cyber bullying or defamation
Example claim – a pupil at your child’s school takes and shares embarrassing images of your child on the internet.
- Recovery of data
Example claim – you receive a virus or ransomware that prevents access to the data on your computer.
- Online sales fraud
Example claim – you sell an item and ship it reasonably believing that you will receive electronic payment which never reaches your bank account.
- Online shopping fraud up
Example claim – an item you bought online fails to arrive within 14 days after the delivery date and the seller refuses to reimburse you because they are a ‘scammer’.
- Online theft of personal funds
Example claim – you are tricked by a phishing scam and the scammers use you bank details to steal your money through online banking.
If you have any queries relating to our Personal Cyber Insurance please contact us and we will get back to you as soon as possible.