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What is personal cyber insurance and should you buy it amid rise in digital crimes?

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As cyber crimes continue to mount in Canada, more companies are beginning to offer personal cyber insurance that could help with a range of issues including extortion, unauthorized account access and even cyber bullying.

According to Statistics Canada, police reported cyber crimes nearly hit 74,000 in 2022 — an increase from 2018 when just 33,893 cases were identified.

Experts, however, have continuously said such crimes are often underreported because of the embarrassment people face after being tricked.

For more info, please go to https://globalnews.ca/news/10304786/personal-cyber-insurance-canada/
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Category
U.S. & Canada
Tags
global news, cyber attack, cyber attacks
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