Tips to select the right personal cyber cover
Financial Express Mumbai|March 15, 2023
Rely on more than just the premium while buying a policy
Tips to select the right personal cyber cover

THE FINANCIAL LOSSES from cybercrimes in India are estimated to be massive. India witnessed a surge in cybercrimes in 2021 compared to the previous year, with over 52,000 cyber-crime incidents being reported, according to the latest data released by the National Crime Records Bureau, ministry of home affairs.

As we continue to rely more and more on technology in our daily lives, the risks of cyber-attacks and data breaches are becoming increasingly prevalent. Personal cyber insurance is a policy designed to protect individuals from the financial consequences of a cyberattack or data breach.

Key factors to consider When choosing a personal cyber insurance policy, several factors should be seen. Firstly, assess your risk level. Consider your online activity, the types of personal information you share online. This will help you determine the level of coverage you need.

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