In India under cyber insurance for individuals which of thefollowing benefits are generally covered ...........

Economic Affairs Pension and Insurance

In India, under cyber insurance for individuals, which of thefollowing benefits are generally covered, in addition to payment for the loss of funds and other benefits ?

Cost of restoration of the computer system in case of malware disrupting access to one’s computer
Cost of a new computer if some miscreant wilfully damages it, if proved so
Cost of hiring a specialized consultant to minimize the loss in case of cyber extortion
Cost of defence in the Court of Law if any third party files a suit

Select the correct answer using the code given below :

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Explanation:

Forensic Expenses: You have determined that data has been compromised and need to investigate what happened, how it happened, and what information was accessed. The expenses to hire an outside forensic team for discovery is covered.
Legal Expenses: You will need legal representation in order to determine the scope of the federal and state notification requirement breaches. You will also need legal counsel to defend you in the event a suit is filed against you.
Notification Expenses: These expenses can include postage, paper, printing, call centers, etc.
Credit Monitoring and ID Theft Repair: While not legally required, it is generally agreed that offering these services to the affected parties will reduce potential legal liability and is considered the right thing to do.
Public Relations Expenses: The manner in which the breach is reported to the media is crucial to restoring your reputation and maintaining your clients, vendors, business associates, partners, and patients.
Liability and Defense Costs: It’s not uncommon for class action lawsuits to be filed against you following a breach. You will need legal representation which can be of your own choice or appointed by the carrier. Either way, coverage is available for these costs.

Hence option 2nd is correct.