Tune Protect Malaysia, a General Insurance company in Malaysia has launched its first personal cyber-crime insurance for individuals – Tune CyberSecure.
With the new solution, Tune Protect said it aims to protect customers from cyber threats and ensure a safer cyber ecosystem with the necessary 24/7 technical support.
With premiums from RM145 per year, Tune CyberSecure protects customers against cyber risks including electronic fund transfer fraud, online retail fraud and identity theft, with coverage up to RM10,000. It covers the entire family and the electronic devices connected to the internet at the registered address.
In a statement, Tune Protect said that “the frequency of recent data breaches has greatly increased the risk of cyber-attacks on individuals, especially in this digital world where people tend to store their personal information online. In the Incidents Report published by Cybersecurity Malaysia, more than 4,700 online fraud cases were reported in 2022. As cyber-attacks continue to rise, Tune Protect is taking a step forward by launching its first personal cyber offering to address the challenges and provide customers with the necessary protection.”
The Tune CyberSecure plan however, does not cover any Mass Cyber-Attack.
Customers will be able to purchase the insurance policy online with coverage confirmation within 7 minutes, and obtain clarifications or direct their queries anytime, anywhere through the 24/7 incident response call centre at its toll-free line 1800 819 783.
For CyberSecure, Tune Protect has partnered with Senang as its corporate agent to distribute the product via their digital platform.
