Yes, individuals and families can purchase personal cyber insurance policies or endorsements, though the market is predominantly commercial. Personal cyber insurance is typically offered as an affordable rider on standard homeowners or renters insurance policies, or as a standalone digital protection plan. These policies cover modern domestic risks, including online identity theft, cyberbullying, ransomware attacks targeting home smart-devices, unauthorized electronic fund transfers, cyber extortion, and digital wire fraud scams.
1 votes
Marked as accepted