Avast, a global leader in digital security and privacy, and Optimum Speciality Risks (OSR), a leading cyber insurance provider, have announced the launch of a new multi-generational cyber security coverage to safeguard UK families from cybercrime. OSR: Home Cyber Plus is a service that protects digital and physical assets, as well as data loss, privacy breaches, identity theft, and the well-being of victims of online abuse and dangerous material. A 12-month subscription to Avast Premium Security for up to 10 devices is included in the coverage, as well as an emergency response helpline to contact specialized cyber security professionals if a security issue arises.
According to Action Fraud's 2020/2021 report, over 31,000 cybercrime instances were filed, resulting in reported losses of about £10 million, a 78 percent rise year on year. In addition, the Avast Threat Labs team observed an increase in ransomware, identity thieves, and tech support scams in 2021 and predicts that hackers will improve their assaults against businesses and consumers in 2022.
"When people are affected by cybercrime it can be a traumatic and frightening time, however most people would not know who to call for help if an incident happens," said Sean Yeo, Managing Director at OSR. "With cybersecurity incidents unfortunately increasing all the time, it was important for us as a cyber insurance specialist to offer a service that provides customers with access to an emergency cyber response team to assist in crisis situations. Combined with a leading insurance package and comprehensive security and privacy protection from Avast, this will give peace of mind to all generations and will help them to feel confident and in control online."
Home Cyber Plus policy of OSR includes the following cover as standard:
Avast Premium Security
Digital Asset Protection
Digital Theft Protection
"Our goal is to build technologies and offer services that help people to get the most out of the digital world," said Patrick McKay, Partner, Avast. "Avast exists to protect people's digital freedom, a value also shared by OSR, which along with a deep understanding of the customer were significant contributors in the creation of the Home Cyber Plus policy. We believe it'll help multi-generations families and households in the UK feel safer, freer and more secure online."