UAE residents can insure phones, other gadgets against cyberattacks, financial loss – News

Annual coverage up to Dh44,000 covering theft of funds, data recovery or cyberbullying

Consumers in the UAE can now insure themselves against cybercrimes such as cyber-attacks, extortion theft and online scams for safer browsing.

The EasyInsurnace program of etisalat by e&, the largest telecommunications operator in the UAE, ensures that UAE residents’ mobile phones, laptops and tablets are protected from different types of cyber risks.

“With Easy Insurance, we’re giving you an easy way to insure your home devices and make any claims. etisalat’s personal cyber insurance covers online banking and credit card fraud, loss of online purchases, cyber extortion or identity theft and direct economic loss,” the telecom giant said on its website.

The telecommunications company already offers travel, health, auto and pet insurance as it diversifies its portfolio to broaden its revenue base.

UAE residents can insure their devices with up to $12,000 (Dh44,000) a year in four different insurance packages, covering theft of funds, data recovery or cyberbullying.

Its Platinum insurance plan covers $100 in theft of funds; identity theft; data recovery/malware decontamination; cyberbullying, cyberstalking and loss of reputation; and online shopping, which covers up to $10,000 in losses.

According to the latest data from cybersecurity leader SonicWall, the total number of malware attacks in the UAE in 2022 will drop by 14%, but the number of attacks in the UAE in 2022 (71 million) will exceed the total number of attacks in 2019 and 2020 (37.3 million respectively). and 19 million).

Criminal activities such as bullying, extortion, extortion, hacking and even ransomware have multiplied amid the digital transformation, officials said.

Dr. Mohammed Hamad Al Kuwaiti, head of cybersecurity for the UAE government, has earlier warned that UAE residents are more vulnerable to cyberattacks by using the same password for their office computer, mobile phone or home WiFi, and therefore, they should have individual passwords for each device and network Improve security.

In March, Etisalat joined forces with Cyberint to enhance its cybersecurity infrastructure with real-time intelligence and monitoring solutions.