Cyber Insurance For Individuals Is Coming. Will It Make People More Or Less Secure?

Cyber Insurance For Individuals and households Is Coming .jpg

By Marco Ciappelli | Co-host Sean Martin
A conversation with Howard A. Miller and Sandra Lollino

Ladies and Gentlemen,
Welcome to the intersection of IT security and society; welcome to ITSPmagazine.

This is Marco Ciappelli, and you are about to listen to another episode of my podcast series The Cyber Society.

Let's face it: the future is now. 

We are already living in a cyber society, so we need to stop ignoring it or pretending that is not affecting us.

Here is where IT security and society truly intersect. Here is where we discuss the impact that technology and cybersecurity - or the lack of - have on our everyday life. 

Here is where we look at all the internet-connected conveniences, we raise our voice and call for awareness, and we educate ourselves about information security, privacy, and cyber safety.

Because there is no better place than here, and no better time than now, to talk about the future of this digitally connected world.


Before I proceed further into this presentation, let me take a moment to remind you that ITSPmagazine is, and will always be a free publication.

Our mission is to raise awareness for cybersecurity by making it understandable, accessible, and part of everyone’s everyday life. Because of this, we rely on business sponsors, small individual donations and our own time and money to make this happen, and let me tell you there is nothing I would rather do than keep educating people about cybersecurity, running this column and ITSPmagazine. 

Your company name and what you do would be mentioned right here and in many other places on the website. I promise I will make it affordable and well worth it. 

So, get in touch with me if your company would like to join me on my quest to raise awareness about what it means to live in a Cyber Society — because there is no better place than here, and no better time than now, to talk about the future of this digitally connected world.


For this conversation I am joined by Sean Martin and our guests are:

Howard A. Miller | Director Tech Secure® Division, LBW Insurance
Sandra Lollino |
Independent Associate with LegalShield and IDShield services

They’re both board members for the non-profit association Secure The Village.

What’s the title of today’s story?

Cyber Insurance For Individuals Is Coming. Will It Make People More Or Less Secure?


Here is what it is about:

If you’re looking for Insurance companies, go where the risk is. 

As the industry has made the big move into offering cyber insurance to corporations, some are now expanding to offer cyber crime related coverage to individuals and households.

Will this make consumers care even less about protecting themselves and being aware? Are insurance companies going to audit them before quoting and bonding them, or is it just a numbers game?

What are the options? What’s covered and what’s not? How do you define cyber risk at a personal level? And, most of all, can money really compensate for the violation of someone’s emotions, psychological damage, identity theft and loss of personal data? 

We discuss the consequences of a cyberattack on individuals and families as it goes way beyond the material financial damage, and we wonder if the option of enrolling in cyber insurance protection is going to help increase cyber awareness or make it worse and further numb us all?

What do you think? 

What do we think?

Listen up and find out.


Enjoy the podcast, listen to it carefully, and share it recklessly! 

* If you have read my introduction above, you can go directly to the conversation by skipping ahead to 2:43 - Enjoy!


For more of The Cyber Society podcasts