Why you need Personal Cyber cover today:
• Banking App losses increased by more than 88% last year to an average loss of R14,253 per transaction.
• Online Banking losses increased by more than 44% last year to an average loss of R32,298 per transaction.
• There are nine malware attacks that occur every second in South Africa.
• South African android mobile phones were the second most targeted in the World for banking malware.
• The average age of cyber bully is aged 9 and approximately 58% of victims do not tell a parent or teacher.
• Someone's identity is stolen every 2 seconds. 1 million children were victims of identity theft last year. 2/3 were aged 7 or younger and
60% were personally related to the perpetrator.
The benefits of Personal Cyber cover:
• Theft of Funds - Reimbursement of funds lost resulting from a cyber incident of hacking of your bank account, payment of cards of
mobile wallet.
• Identity Theft - Cost resulting from identity theft including: reporting the identity theft, re-filing rejected applications, notarising
affidavits, credit and identity theft monitoring, re-issuing identity documents and lost wages.
• Data Restoration - Cost to restore data and software resulting from a cyber incident.
• Cyber Bullying - Costs resulting from cyber bullying or stalking including: removal of content, lost wages, trauma benefit and experts to
manage and protect your reputation.
• Cyber Extoration - Reimbursement of ransom payments resulting from an extoration demand.
• Network Security Liability - Defence and settlement of third party claims resulting from a cyber incident on your computer systems
(including loT devices) which causes harm to third party systems and data.
• Privacy & Data Breach Liability - Defence and settlement of third party claims resulting from comporomised information.
• Privacy & Data Breach Liability - Reimbursement of your legal defence costs against a 3rd party resulting from a data breach.
• Trauma Benefit - A financial payment to assist in alleviating the reasonable financial burden incurred for the treatment of emotional
trauma by a licensed professional, as a direct result of the Cyberbullying. Cyber Stalking or publication of harmful material.
• Additional School Costs - Additional costs for school fees, school uniforms and educational material should it be established by a
licensed physician or psychologist that an insured child needs to be placed in an alternate school as a direct result of the Cyberbullying,
Cyber Stalking or publication of harmful material.