Should You Have Personal Cyber Insurance>
– John Cofini
When deciding whether to buy personal cyber insurance, it is important to consider your risk of falling victim to online criminals. If you are a frequent online user, store personal information online, or conduct financial activities online, you may be at a higher risk of cyber attacks. Additionally, certain professions like healthcare, finance, and government may attract higher levels of criminal attention. If you believe you are at risk for cyber attacks, cyber insurance can provide protection by covering costs associated with repairing damaged systems, recovering lost data, and notifying affected customers or employees. Depending on the policy, some insurance providers offer services like identity theft protection and help desk support. Overall, it is worth researching and assessing cyber insurance policies in order to decide if the cost of the premium justifies the protection that a policy may provide.
Link: https://www.bncagency.com/blog/should-you-have-personal-cyber-insurance