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DBS Hong Kong offers insurance against cyberbullying

DBS Hong Kong offers insurance against cyberbullying

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DBS Hong Kong has launched an insurance product which offers coverage against cyberbullying, online privacy invasion, and identity theft. CyberOne is being touted as Hong Kong’s first insurance scheme to offer financial support for trauma counselling, legal consultation and action, tech support, and other urgent needs due to online activities. The insurance programme is underwritten by Chubb Insurance, offers a 24-hour hotline and a team of trauma counselling specialists, legal experts and tech support. CyberOne is part of DBS Hong Kong’s new microinsurance offering, which also includes PassengerOne for medical coverage and compensation, TravelOne for worry-free travels, and PurchaseOne for safe shopping. “The more people, especially young people, connect, communicate and consume digitally, the more opportunities there are for cybercrimes to proliferate,”  said Terry Li, executive director and head of bancassurance, consumer banking group and wealth management, of DBS Hong Kong. “Knowing how to protect against cyber threats is the first line of defence, and we believe CyberOne can equip those who are vulnerable with the means to protect themselves for a more safe and smart online experience.”

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