Realising the need for providing cushion to individuals and corporates from virus and malware attacks on digital platforms, SBI General Insurance Company is mulling to come out with a product that addresses cyber security concerns.
The insurance product in the pipeline would be customised separately for individuals and bulk institutions and also be marketed as a group insurance product. It is proposed to be made available on all the distribution channels.
"The product that we are planning on cyber security would be one of its kind. We are experiencing a different kind of fraud in digital transactions and this product