{"id":91769,"date":"2025-06-01T11:05:19","date_gmt":"2025-06-01T11:05:19","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=91769"},"modified":"2025-06-01T11:05:19","modified_gmt":"2025-06-01T11:05:19","slug":"in-india-under-cyber-insurance-for-individuals-which-of-the-followin","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/in-india-under-cyber-insurance-for-individuals-which-of-the-followin\/","title":{"rendered":"In India, under cyber insurance for individuals, which of the followin"},"content":{"rendered":"<p>In India, under cyber insurance for individuals, which of the following benefits are generally covered, in addition to payment for the loss of funds and other benefits ?<\/p>\n<ul>\n<li>1. Cost of restoration of the computer system in case of malware disrupting access to one\u2019s computer<\/li>\n<li>2. Cost of a new computer if some miscreant willfully damages it, if proved so<\/li>\n<li>3. Cost of hiring a specialized consultant to minimize the loss in case of cyber extortion<\/li>\n<li>4. Cost of defence in the Court of Law if any third party files a suit<\/li>\n<\/ul>\n<p>Select the correct answer using the code given below :<\/p>\n<p>[amp_mcq option1=&#8221;1, 2 and 4 only&#8221; option2=&#8221;1, 3 and 4 only&#8221; option3=&#8221;2 and 3 only&#8221; option4=&#8221;1, 2, 3 and 4&#8243; correct=&#8221;option2&#8243;]<\/p>\n<div class=\"psc-box-pyq-exam-year-detail\">\n<div class=\"pyq-exam\">\n<div class=\"psc-heading\">This question was previously asked in<\/div>\n<div class=\"psc-title line-ellipsis\">UPSC IAS &#8211; 2020<\/div>\n<\/div>\n<div class=\"pyq-exam-psc-buttons\"><a href=\"\/pyq\/pyq-upsc-ias-2020.pdf\" target=\"_blank\" class=\"psc-pdf-button\" rel=\"noopener\">Download PDF<\/a><a href=\"\/pyq-upsc-ias-2020\" target=\"_blank\" class=\"psc-attempt-button\" rel=\"noopener\">Attempt Online<\/a><\/div>\n<\/div>\n<section id=\"pyq-correct-answer\">\nStatements 1, 3, and 4 generally describe benefits covered under cyber insurance for individuals.<br \/>\n<\/section>\n<section id=\"pyq-key-points\">\nStatement 1: Cyber insurance policies for individuals typically cover costs associated with restoring one&#8217;s computer system, removing malware, or recovering data compromised by cyber attacks or infections. This is a standard coverage. Correct.<br \/>\nStatement 2: While some comprehensive policies or riders might exist, the primary focus of cyber insurance is not on covering the cost of replacing hardware that is physically damaged, even if the damage is caused by a miscreant. Physical damage is usually covered by standard property or home insurance. Cyber insurance focuses on financial losses, data loss\/recovery, system restoration, cyber extortion, identity theft, and associated legal costs resulting from cyber events. This is generally *not* a standard cyber insurance benefit. Incorrect.<br \/>\nStatement 3: Cyber extortion, such as ransomware attacks, is a key risk covered by individual cyber insurance. This coverage often includes the cost of hiring specialists (like cybersecurity consultants or negotiators) to help resolve the extortion demand and minimize loss. Correct.<br \/>\nStatement 4: If a cyber incident originating from an individual&#8217;s system (e.g., spreading malware, involvement in a botnet) causes harm to a third party, leading to a lawsuit, cyber insurance can cover the legal costs for defence in court. This falls under the liability aspect of cyber insurance. Correct.<br \/>\n<\/section>\n<section id=\"pyq-additional-information\">\nCyber insurance for individuals is a relatively new but growing area, providing financial protection against various cyber risks such as online fraud, identity theft, cyber bullying, data breaches, and system damage from malware or hacking. The specific coverages can vary depending on the policy provider and plan.<br \/>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>In India, under cyber insurance for individuals, which of the following benefits are generally covered, in addition to payment for the loss of funds and other benefits ? 1. Cost of restoration of the computer system in case of malware disrupting access to one\u2019s computer 2. Cost of a new computer if some miscreant willfully &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"In India, under cyber insurance for individuals, which of the followin\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/in-india-under-cyber-insurance-for-individuals-which-of-the-followin\/#more-91769\">Detailed Solution<span class=\"screen-reader-text\">In India, under cyber insurance for individuals, which of the followin<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1092],"tags":[1288,1120,1386],"class_list":["post-91769","post","type-post","status-publish","format-standard","hentry","category-upsc-ias","tag-1288","tag-economic-development","tag-tertiary-sector","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>In India, under cyber insurance for individuals, which of the followin<\/title>\n<meta name=\"description\" content=\"Statements 1, 3, and 4 generally describe benefits covered under cyber insurance for individuals. Statement 1: Cyber insurance policies for individuals typically cover costs associated with restoring one&#039;s computer system, removing malware, or recovering data compromised by cyber attacks or infections. This is a standard coverage. Correct. Statement 2: While some comprehensive policies or riders might exist, the primary focus of cyber insurance is not on covering the cost of replacing hardware that is physically damaged, even if the damage is caused by a miscreant. Physical damage is usually covered by standard property or home insurance. Cyber insurance focuses on financial losses, data loss\/recovery, system restoration, cyber extortion, identity theft, and associated legal costs resulting from cyber events. This is generally *not* a standard cyber insurance benefit. Incorrect. Statement 3: Cyber extortion, such as ransomware attacks, is a key risk covered by individual cyber insurance. This coverage often includes the cost of hiring specialists (like cybersecurity consultants or negotiators) to help resolve the extortion demand and minimize loss. Correct. Statement 4: If a cyber incident originating from an individual&#039;s system (e.g., spreading malware, involvement in a botnet) causes harm to a third party, leading to a lawsuit, cyber insurance can cover the legal costs for defence in court. This falls under the liability aspect of cyber insurance. Correct.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/in-india-under-cyber-insurance-for-individuals-which-of-the-followin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"In India, under cyber insurance for individuals, which of the followin\" \/>\n<meta property=\"og:description\" content=\"Statements 1, 3, and 4 generally describe benefits covered under cyber insurance for individuals. Statement 1: Cyber insurance policies for individuals typically cover costs associated with restoring one&#039;s computer system, removing malware, or recovering data compromised by cyber attacks or infections. This is a standard coverage. Correct. Statement 2: While some comprehensive policies or riders might exist, the primary focus of cyber insurance is not on covering the cost of replacing hardware that is physically damaged, even if the damage is caused by a miscreant. Physical damage is usually covered by standard property or home insurance. Cyber insurance focuses on financial losses, data loss\/recovery, system restoration, cyber extortion, identity theft, and associated legal costs resulting from cyber events. This is generally *not* a standard cyber insurance benefit. Incorrect. Statement 3: Cyber extortion, such as ransomware attacks, is a key risk covered by individual cyber insurance. This coverage often includes the cost of hiring specialists (like cybersecurity consultants or negotiators) to help resolve the extortion demand and minimize loss. Correct. Statement 4: If a cyber incident originating from an individual&#039;s system (e.g., spreading malware, involvement in a botnet) causes harm to a third party, leading to a lawsuit, cyber insurance can cover the legal costs for defence in court. This falls under the liability aspect of cyber insurance. Correct.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/in-india-under-cyber-insurance-for-individuals-which-of-the-followin\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T11:05:19+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"In India, under cyber insurance for individuals, which of the followin","description":"Statements 1, 3, and 4 generally describe benefits covered under cyber insurance for individuals. Statement 1: Cyber insurance policies for individuals typically cover costs associated with restoring one's computer system, removing malware, or recovering data compromised by cyber attacks or infections. This is a standard coverage. Correct. Statement 2: While some comprehensive policies or riders might exist, the primary focus of cyber insurance is not on covering the cost of replacing hardware that is physically damaged, even if the damage is caused by a miscreant. Physical damage is usually covered by standard property or home insurance. Cyber insurance focuses on financial losses, data loss\/recovery, system restoration, cyber extortion, identity theft, and associated legal costs resulting from cyber events. This is generally *not* a standard cyber insurance benefit. Incorrect. Statement 3: Cyber extortion, such as ransomware attacks, is a key risk covered by individual cyber insurance. This coverage often includes the cost of hiring specialists (like cybersecurity consultants or negotiators) to help resolve the extortion demand and minimize loss. Correct. Statement 4: If a cyber incident originating from an individual's system (e.g., spreading malware, involvement in a botnet) causes harm to a third party, leading to a lawsuit, cyber insurance can cover the legal costs for defence in court. This falls under the liability aspect of cyber insurance. Correct.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/in-india-under-cyber-insurance-for-individuals-which-of-the-followin\/","og_locale":"en_US","og_type":"article","og_title":"In India, under cyber insurance for individuals, which of the followin","og_description":"Statements 1, 3, and 4 generally describe benefits covered under cyber insurance for individuals. Statement 1: Cyber insurance policies for individuals typically cover costs associated with restoring one's computer system, removing malware, or recovering data compromised by cyber attacks or infections. This is a standard coverage. Correct. Statement 2: While some comprehensive policies or riders might exist, the primary focus of cyber insurance is not on covering the cost of replacing hardware that is physically damaged, even if the damage is caused by a miscreant. Physical damage is usually covered by standard property or home insurance. Cyber insurance focuses on financial losses, data loss\/recovery, system restoration, cyber extortion, identity theft, and associated legal costs resulting from cyber events. This is generally *not* a standard cyber insurance benefit. Incorrect. Statement 3: Cyber extortion, such as ransomware attacks, is a key risk covered by individual cyber insurance. This coverage often includes the cost of hiring specialists (like cybersecurity consultants or negotiators) to help resolve the extortion demand and minimize loss. Correct. Statement 4: If a cyber incident originating from an individual's system (e.g., spreading malware, involvement in a botnet) causes harm to a third party, leading to a lawsuit, cyber insurance can cover the legal costs for defence in court. This falls under the liability aspect of cyber insurance. Correct.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/in-india-under-cyber-insurance-for-individuals-which-of-the-followin\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T11:05:19+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/in-india-under-cyber-insurance-for-individuals-which-of-the-followin\/","url":"https:\/\/exam.pscnotes.com\/mcq\/in-india-under-cyber-insurance-for-individuals-which-of-the-followin\/","name":"In India, under cyber insurance for individuals, which of the followin","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2025-06-01T11:05:19+00:00","dateModified":"2025-06-01T11:05:19+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"Statements 1, 3, and 4 generally describe benefits covered under cyber insurance for individuals. Statement 1: Cyber insurance policies for individuals typically cover costs associated with restoring one's computer system, removing malware, or recovering data compromised by cyber attacks or infections. This is a standard coverage. Correct. Statement 2: While some comprehensive policies or riders might exist, the primary focus of cyber insurance is not on covering the cost of replacing hardware that is physically damaged, even if the damage is caused by a miscreant. Physical damage is usually covered by standard property or home insurance. Cyber insurance focuses on financial losses, data loss\/recovery, system restoration, cyber extortion, identity theft, and associated legal costs resulting from cyber events. This is generally *not* a standard cyber insurance benefit. Incorrect. Statement 3: Cyber extortion, such as ransomware attacks, is a key risk covered by individual cyber insurance. This coverage often includes the cost of hiring specialists (like cybersecurity consultants or negotiators) to help resolve the extortion demand and minimize loss. Correct. Statement 4: If a cyber incident originating from an individual's system (e.g., spreading malware, involvement in a botnet) causes harm to a third party, leading to a lawsuit, cyber insurance can cover the legal costs for defence in court. This falls under the liability aspect of cyber insurance. Correct.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/in-india-under-cyber-insurance-for-individuals-which-of-the-followin\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/in-india-under-cyber-insurance-for-individuals-which-of-the-followin\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/in-india-under-cyber-insurance-for-individuals-which-of-the-followin\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"UPSC IAS","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/upsc-ias\/"},{"@type":"ListItem","position":3,"name":"In India, under cyber insurance for individuals, which of the followin"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/91769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=91769"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/91769\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=91769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=91769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=91769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}