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BOXX Insurance teams with Equifax and launches USD 1 mln ID Theft Coverage

Wednesday 8 December 2021 11:24 CET | News

Canada-based cyber insurer BOXX Insurance has started collaborating with analytics and technology company Equifax to offer insurance amidst cyber safety concerns for holiday shopping.

The heightened concerns over online privacy, ID theft and protection have led BOXX to enhance its online protection support with USD 1 million coverage for Identity Theft and Loss, supported by Equifax.

With 87% of consumers planning to shop online during the holiday season (13% more compared to 2020), concerns around cybersecurity and protection online have also escalated, with 63% of consumers more alarmed than ever about their privacy online, according to the press release. With 83% of consumers wanting to do more to protect their privacy, worryingly 46% of consumers would have no idea what to do if their identity was stolen, reports BOXX Insurance.



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Keywords: insurance, partnership, cybersecurity, identity theft, ecommerce
Categories: Securing Transactions | Digital Identity, Security & Online Fraud
Countries: Canada
This article is part of category

Securing Transactions