Cyber insurance gets personal
Cyber insurance to protect against cyber bullying and other personal risks has launched in New Zealand. Laura Murray, head of personal cyber at Delta Insurance, talks to Covernote about why individuals also need cyber protection.
Q. Why is personal cyber protection insurance necessary? Laura Murray: Because, unfortunately, cyber-crime is on the increase globally, and the COVID pandemic has only served to worsen that. As more people work from home on insecure networks and devices, and spend more time online, clicking on links for health information and government updates and the like, this provides enormous opportunity for cyber-criminals to launch spoof websites, run phishing scams and hack your network. Data can exist on the Dark Web for years, where hackers and cyber-criminals can then transact Personally Identifiable Information on a case-by-case basis; for example, a scanned copy of a driver’s licence which was originally held on your network can be sold for a premium. The rise in smart technology - the Internet of Things (IoT) - such as smart home appliances and systems and wearable tech also means there is access to a vast
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March 2022
