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Slightly more than half of the survey respondents said they’d be interested in home cybersecurity insurance where premiums are tied to the use of the latest virus protection software, according to Accenture. (Credit: Tero Vesalainen/Shutterstock.com) Slightly more than half of the survey respondents said they’d be interested in home cybersecurity insurance where premiums are tied to the use of the latest virus protection software, according to Accenture. (Credit: Tero Vesalainen/Shutterstock.com)

Traditionally the realm of commercial lines, more consumers are hoping insurance professionals can help them with policies that protect against costly cyberattacks, according to Accenture‘s 2021 Insurance Consumer report.

In fact, 75% of consumers welcome assistance from insurers when dealing with cybersecurity threats, particularly as these incidents increase in volume and severity. This is moving many to consider steps beyond traditional identity theft solutions, with insurers becoming a key outlet for cybersecurity protection, Accenture reported.

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Steve Hallo

Steve Hallo is an assistant editor with PC360 Group. Prior to his current position, Steve spent nearly a decade covering retail transformation, consumer trends, manufacturing issues and supply chain challenges impacting global CPG markets. He can be reached at [email protected], and on LinkedIn and Twitter.  

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