Insurer insurance is offering the cybersecurity and risk mitigation principles of its CyberEdge Commercial Insurance insurance to its high net worth policyholders . Its Family CyberEdge insurance gives coverage against cyber extortion and cyber bullying , and helps to defend against cyber risk through home automation and device analysis and training for family members . “ The prevalence of smart applications and other technologies has created challenges and challenges that today ’s households are not very well prepared to manage , ” said mark Grella , global head of cyber risk insurance at AIG .
Insurer AIG is offering the cybersecurity and risk mitigation principles of its CyberEdge Commercial Insurance products to its high net worth policyholders. Its Family CyberEdge insurance gives coverage against cyber extortion and cyber bullying, and helps to defend against cyber risk through home network and device analysis and training for family members. “The prevalence of smart applications and other technology has created exposure and risks that today’s households are not very well prepared to manage,” said Tracie Grella, global head of cyber risk insurance at AIG.