Last year, South Africa had the third-highest number of cybercrime victims of any country, losing R2.2 billion, a new report by consultancy Accenture shows.
If you transact online, you should consider Aon’s Cyber Insurance.
What it covers
Aon’s Cyber Insurance covers a loss of funds as a result of a funds transfer from an account in your name, whether authorised or unauthorised, due to the fraudulent conduct of a third party which is not recoverable from your financial institution or third party.
This includes:
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Email interception fraud
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Transactions due to your stolen identity
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EFT and deposit scams
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Hacking, phishing and vishing attacks
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Demands from ransomware attacks
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Denial of service attacks
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Fraudulent invoices
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SIM swap fraud
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Online banking fraud
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Online shopping fraud
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Holiday scams
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Fake classified adverts
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Bogus property rentals
Interested?
The application process is simple and if you do claim, the procedure is easy with no excess payable. Once the claim requirements are met, valid claims are paid within 72 hours.
To apply, log into Investec Online, go to ‘Protect’ and click on ‘Personal, business or cyber insurance’.
You can also visit Aon Online.
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