Suburban® Brokers Inc.
201-796-1881
Monday - Friday 9:30 - 5:00
Se Habla EspaƱol
  • Home
  • About
    • Our Team
    • Kando Service Agency
  • Services
  • Homeowner
  • Business
  • Auto
  • RV
  • Claims
  • Contact
  • Blog

Getting Personal. Is it time for Cyber Insurance?

8/8/2018

1 Comment

 
Picture
Cyber Threats Continue to Increase

Recent data from the Federal Trade Commission found that millennials are reporting fraud a lot more often than other groups, with an average loss around $200. Seniors reported less frequently, but their average loss is $1,200.

 
64 percent of Americans have an online account involving health, financial or other sensitive data. As more and more people rely on the internet to do business and manage their personal lives, their information has the potential to become susceptible to a cyber breach.

Your home is full of cyber risks. Too many homeowners don’t realize this until it’s too late. Whether it’s your computer or mobile device, or your laptop or connected home technology, you need the right protection for the exposures that come with modern connected life.

What is a Personal Cyber Policy and why should individuals consider this coverage?
 
Personal cyber insurance policies will give insureds security in the case of a cyber attack, allowing them to file claims for ransom and extortion payments, identity theft fees, and data restoration expenses related to a personal cybersecurity breach.
 
With HSB Home Cyber Protection™, you can gain a suite of innovative cyber coverage for computer attacks, cyber extortion, online fraud and the breach of personal information of others involving smartphones, computers and connected home devices.
Picture
HSB Home Cyber Protection™ coverage includes:

  • Computer Attack, to remove malware and reprogram computers and tablets, Wi-Fi routers or other internet access points
  • Home Systems Attack, to restore devices connected to the internet, including smartphones, thermostats, smart appliances, and security and monitoring systems
  • Cyber Extortion, with professional assistance on how to respond to a ransomware attack and payment of ransom when approved
  • Online Fraud, for losses due to identity theft, phishing schemes, illegal bank and credit card transfers, forgery, counterfeit currency, and other deceptions
  • Data Breach, including forensic IT and legal reviews, notification and recovery services when private non-business data entrusted to an individual is lost, stolen or published.

What are some actions you can take to help protect your data?

In addition to offering Personal Cyber coverage, be aware of what information you place online, and how to protect it. Many people have an outdated impression that hackers are just rogue individuals, typically working out of someone’s basement – this is no longer the case. Today, hacking is a full-time job and organized crime in the cyber world is a huge syndicate.

There are a few initial steps that consumers can take to protect themselves, including:
  1. Personal Cyber Policy: This will protect clients against traditional identity theft, paying any direct monetary losses that are unrecoverable as well as any expenses to investigate and remediate. Policyholders also get the benefit of a specialist to help restore their credit report.
  2. Install a password manager: Password strength and encryption are important, and using a password manager allows users to not have to rely on memory to remember passwords. The manager will also encrypt users’ information and automatically change his or her password every time they access a site.
  3. Use available resources: The Identity Theft Resource Center (ITRC) can provide clients with a wealth of knowledge and act as a great educational resource for people needing help to navigate a cyber attack. And best of all, it’s free.
 
Personal cyber crime is not something that can be prevented. In fact, nearly two-thirds of Americans have experienced some form of data theft. 
 
Contact me if you wish to discuss your risks and we can come up with the best line of defense to protect you.
Picture
1 Comment
Batista Yuette
2/11/2021 06:40:29 am

Hey there! Thanks for putting up this blog. It helped me gain some perspective and insight on personal cyber insurance.

Reply



Leave a Reply.

    BLOG
    ​Leighton Annis

    At Suburban, we've been getting personal since 1956!

    Request A Quote
    View my profile on LinkedIn

    Archives

    May 2025
    March 2025
    February 2025
    December 2024
    November 2024
    October 2024
    September 2024
    August 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2020
    February 2020
    December 2019
    October 2019
    August 2019
    July 2019
    May 2019
    April 2019
    March 2019
    January 2019
    December 2018
    November 2018
    September 2018
    August 2018
    May 2018
    April 2018
    March 2018
    January 2018
    December 2017
    November 2017
    October 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016

    Categories

    All
    Auto Discount Savings
    Auto Insurance
    Auto Insurance For Teens
    Auto Theft Prevention Tips
    Back To School Safety
    Boating Safety For Children
    Boating Safety Tips
    Boat Insurance
    Business Owners Policy (BOP)
    Car Insurance Discounts
    Cloud Hacks
    Cold Weather Essentials
    Computer Fraud
    COVID-19
    Cyber Crime Coverage
    Cyber Insurance
    Cyber Threats
    Data Breach
    Distracted Driving
    Driving Safety Tips
    Emergency Preparedness
    Factors For Buying A Car
    Fall Driving Tips
    Federal Flood Insurance Program
    Fire Prevention
    Fire Prevention Month
    Fire Prevention Week
    Fireworks Safety
    Flood Damage
    Flood Insurance
    Flood Preparedness
    Flood Protection
    Fog Dangers
    Frozen Pipes
    Hacks For Packing
    Handling A Car Accident
    Homebuyer Protection
    Home Escape Plans
    Homeowners Insurance
    Home Preparation Tips
    Home Prep Tips
    Home Safety
    How Car Insurance Rates Work
    Hurricane Checklist
    Hurricane Preparedness
    IIHS Top Safety Picks
    Improve Your Gas Mileage
    Insurance
    Insurance And Fire Prevention
    Insurance Carrier Comparisons
    Insurance Claims
    Insurance Claims Process
    Insurance Policies
    Insurance Tips
    Jewelry Insurance
    Lower Insurance Costs
    Moving Tips
    National Flood Insurance Program
    Nationwide Insurance Increase
    New Jersey License Requirements
    New Jersey New Home Warranty Program
    Organize Your Move
    Policy Coverage For Storms
    Pool Barriers
    Pool Laws
    Pool Safety
    Power Outages
    Preparing To Move
    Preparing Your Home
    Preventing Frozen Pipes
    Proposed Tariffs
    Protect Your Possessions
    Punxsutawney Phil
    Real ID
    Real ID New Jersey
    Recreational Vehicle Insurance
    Renter's Insurance
    Roaming Deer
    Safe Vehicles
    Selecting An Insurance Carrier
    Slippery Roads
    Small Business Insurance
    Smart Home Kits
    Smoke Alarms
    Special Event Insurance
    Tariffs Effect On Auto Market
    Teen Driving
    The Real ID Act
    Top Safely Picks 2024
    Travel
    Travelers Billing Relief
    Travelers Insurance
    Travel Insurance
    Umbrella Insurance
    Vacation
    Valuable Items Insurance
    Watercraft Insurance
    Wedding Insurance
    Wedding Ring Insurance
    Winterize Your Car
    Winterize Your Home
    Winter Survival Kit
    Winter Weather

    RSS Feed

Picture
Picture
Since 1956, Suburban Brokers Inc. is the original insurance agency providing personal, appropriate coverage for all of your insurance needs.
Serving New Jersey, New York and Pennsylvania
​ Se Habla Español
Read our Blog
Phone:  201-796-1881
Fax:       201-797-6689
6-16 Saddle River Road
P.O. Box 400
Fair Lawn, NJ 07410
Email: [email protected]

Picture
View our Privacy Policy
Select Language to translate website
Website by LMS Consulting