UAE residents can insure telephones, different devices in opposition to cyberattacks, financial losses – Information

UAE residents can insure telephones, different devices in opposition to cyberattacks, financial losses – Information

There’s an annual protection of as much as Dh44,000 obtainable, together with theft of funds, knowledge restoration or cyberbullying



File photo

File photograph

Revealed: Solar 9 Apr 2023, 11:18 AM

Final up to date: Solar 9 Apr 2023, 10:03 PM

Customers within the UAE now can insure themselves in opposition to cybercrimes corresponding to cyberattacks, extortion theft and on-line scams for safer shopping.

The UAE’s largest telecom operator etisalat by e&’s EasyInsurnace scheme can insure UAE residents’ telephones, laptops and tablets in opposition to various kinds of cyber dangers.

“With Simple Insurance coverage, we give you a easy approach to insure your family gadgets and lift any claims. Private cyber insurance coverage from etisalat which covers you in opposition to on-line banking and bank card fraud, lack of web purchases, cyber extortion or identification theft and direct financial losses,” the telecom big mentioned on its web site.

The telecom agency already provides insurance coverage for journey, well being, vehicle and pet as the corporate diversifies its portfolio with the intention to develop its income base.

The UAE residents can insure their gadgets by means of 4 completely different insurance coverage packages with annual protection of as much as $12,000 (Dh 44,000) together with theft of funds, knowledge restoration or cyberbullying.

Its Platinum Insurance coverage Plan prices $100 for theft of funds; identification theft; knowledge restoration/malware decontamination; cyberbullying, cyberstalking and lack of fame; and on-line procuring and it covers as much as $10,000 in damages.

In keeping with the newest figures from cybersecurity chief SonicWall reveal, the UAE recorded a 14 per cent drop in whole malware assaults in 2022 however the variety of assaults in 2022 within the UAE (71 million) was greater than the mixed whole in 2019 and 2020 (37.3 million and 19 million, respectively).

Officers say that crimes corresponding to bullying, blackmailing, extortion, hacking and even ransomware have elevated manifold in the course of the digital transformation.

Dr Mohammed Hamad Al Kuwaiti, head of cybersecurity within the authorities of UAE, earlier warned that the UAE residents who use the identical password as of their workplace laptop, cell phone or dwelling WiFi are extra weak to cyberattacks, therefore, they need to have separate passwords for every system and community to enhance security.

In March, Etisalat joined arms with Cyberint to boost its cybersecurity infrastructure with real-time intelligence and monitoring options.

ALSO READ: