- India’s third-largest non-life insurance provider in the private sector, HDFC ERGO, has launched ‘E@Secure’, a Cyber Insurance Policy for individuals.
- This policy aims at providing comprehensive protection to individuals and their families against any cyber-attacks, cyber frauds or digital threats that could lead to a financial loss and or reputational loss.
- E@Secure Insurance policy offers comprehensive protection against cyber risks (unauthorized online transactions, phishing and email spoofing, e-extortion, identity theft, damage to e-reputation and cyber-bullying) and frauds carried out from any device and from any location worldwide. The policy also pays for legal cost and expenses and legal advice sought by the insured in case of a legal dispute arising out of specified risks covered in the policy.
- According to the National Crime Records Bureau (NCRB) report 2016, there has been an increase in the incidence of Cyber Crimes by 6.3 per cent in 2016 (12,317) over 2015 (11,592).
Points to Remember:
- ‘E@Secure’ has been launched by which insurance company?
- Name the cyber insurance policy launched by HDFC ERGO