igforum.bio / social-media-insurance-could-reimburse-you-if-you-re-hacked - 100457
M
%Begin Social Media Insurance Could Reimburse You If You’re Hacked GA S REGULAR Menu Lifewire Tech for Humans Newsletter! Search Close GO News &gt; Social Media <h1> Social Media Insurance Could Reimburse You If You’re Hacked</h1> <h2> But it’s not for everyone</h2> By Mayank Sharma Mayank Sharma Freelance Tech News Reporter Writer, Reviewer, Reporter with decades of experience of breaking down complex tech, and getting behind the news to help readers get to grips with the latest buzzwords. lifewire's editorial guidelines Published on July 8, 2022 10:20AM EDT Fact checked by Jerri Ledford Fact checked by Jerri Ledford Western Kentucky University Gulf Coast Community College Jerri L.
Mason Rodriguez Member
access_time 1 minutes ago
%Begin Social Media Insurance Could Reimburse You If You’re Hacked GA S REGULAR Menu Lifewire Tech for Humans Newsletter! Search Close GO News > Social Media

Social Media Insurance Could Reimburse You If You’re Hacked

But it’s not for everyone

By Mayank Sharma Mayank Sharma Freelance Tech News Reporter Writer, Reviewer, Reporter with decades of experience of breaking down complex tech, and getting behind the news to help readers get to grips with the latest buzzwords. lifewire's editorial guidelines Published on July 8, 2022 10:20AM EDT Fact checked by Jerri Ledford Fact checked by Jerri Ledford Western Kentucky University Gulf Coast Community College Jerri L.
thumb_up Like (23)
comment Reply (3)
share Share
visibility 983 views
thumb_up 23 likes
comment 3 replies
A
Ava White 1 minutes ago
Ledford has been writing, editing, and fact-checking tech stories since 1994. Her work has appeared ...
N
Natalie Lopez 1 minutes ago
lifewire's fact checking process Tweet Share Email Tweet Share Email Social Media Mobile Phones Inte...
Show 1 more replies
W
Ledford has been writing, editing, and fact-checking tech stories since 1994. Her work has appeared in Computerworld, PC Magazine, Information Today, and many others.
William Brown Member
access_time 8 minutes ago
Ledford has been writing, editing, and fact-checking tech stories since 1994. Her work has appeared in Computerworld, PC Magazine, Information Today, and many others.
thumb_up Like (32)
comment Reply (0)
thumb_up 32 likes
C
lifewire's fact checking process Tweet Share Email Tweet Share Email Social Media Mobile Phones Internet & Security Computers & Tablets Smart Life Home Theater & Entertainment Software & Apps Social Media Streaming Gaming A startup is offering insurance to cover hacked Instagram accounts.It’ll pay people while it works to recover access to their accounts.Social media managers like the concept, but think it’s redundant for most people if they follow good password hygiene. mediaphotos / Getty Images Having your social media account hacked is no fun, but what if you could insure it just like your house? An Israel-based startup, Notch, offers insurance for Instagram accounts, starting at $8 a month.
Chloe Santos Moderator
access_time 9 minutes ago
lifewire's fact checking process Tweet Share Email Tweet Share Email Social Media Mobile Phones Internet & Security Computers & Tablets Smart Life Home Theater & Entertainment Software & Apps Social Media Streaming Gaming A startup is offering insurance to cover hacked Instagram accounts.It’ll pay people while it works to recover access to their accounts.Social media managers like the concept, but think it’s redundant for most people if they follow good password hygiene. mediaphotos / Getty Images Having your social media account hacked is no fun, but what if you could insure it just like your house? An Israel-based startup, Notch, offers insurance for Instagram accounts, starting at $8 a month.
thumb_up Like (4)
comment Reply (3)
thumb_up 4 likes
comment 3 replies
G
Grace Liu 3 minutes ago
The company will pay a calculated amount, based on the account’s activity and engagement, to its c...
E
Evelyn Zhang 4 minutes ago
The service has a free online tool that'll analyze your account and offer you a quote. The insur...
Show 1 more replies
A
The company will pay a calculated amount, based on the account’s activity and engagement, to its customers for every day that they are locked out of their accounts after a hack. "For some users, Instagram is their livelihood operated like a business, [and] like any other business venture, disruption can cost significant financial and reputation damage," Joel Ridley, Digital Content Manager at Eskenzi PR and Marketing, told Lifewire. "Losing access to information like this can be incredibly distressing and, in these instances, insurance would be a greatly appreciated safety net." <h2> Insure Social Presence </h2> Notch&#39;s Instagram account insurance uses several metrics to determine the cost of the insurance.
Alexander Wang Member
access_time 16 minutes ago
The company will pay a calculated amount, based on the account’s activity and engagement, to its customers for every day that they are locked out of their accounts after a hack. "For some users, Instagram is their livelihood operated like a business, [and] like any other business venture, disruption can cost significant financial and reputation damage," Joel Ridley, Digital Content Manager at Eskenzi PR and Marketing, told Lifewire. "Losing access to information like this can be incredibly distressing and, in these instances, insurance would be a greatly appreciated safety net."

Insure Social Presence

Notch's Instagram account insurance uses several metrics to determine the cost of the insurance.
thumb_up Like (20)
comment Reply (2)
thumb_up 20 likes
comment 2 replies
M
Madison Singh 8 minutes ago
The service has a free online tool that'll analyze your account and offer you a quote. The insur...
E
Emma Wilson 9 minutes ago
Social media platforms often hold a host of sensitive and personally identifiable information that c...
N
The service has a free online tool that&#39;ll analyze your account and offer you a quote. The insurance is currently available in Arizona, Florida, Illinois, Tennessee, and Texas.
Noah Davis Member
access_time 15 minutes ago
The service has a free online tool that'll analyze your account and offer you a quote. The insurance is currently available in Arizona, Florida, Illinois, Tennessee, and Texas.
thumb_up Like (17)
comment Reply (3)
thumb_up 17 likes
comment 3 replies
L
Liam Wilson 13 minutes ago
Social media platforms often hold a host of sensitive and personally identifiable information that c...
S
Sofia Garcia 4 minutes ago
"On June 6th, we launched in 3 states, now we're live in five, and by the end of July, we'll be live...
Show 1 more replies
O
Social media platforms often hold a host of sensitive and personally identifiable information that can be used as extortion leverage or result in identity theft. "The plan is to launch nationwide, and we are doing it as quickly as possible," Rafael Broshi, CEO of Notch, told Lifewire over email.
Oliver Taylor Member
access_time 6 minutes ago
Social media platforms often hold a host of sensitive and personally identifiable information that can be used as extortion leverage or result in identity theft. "The plan is to launch nationwide, and we are doing it as quickly as possible," Rafael Broshi, CEO of Notch, told Lifewire over email.
thumb_up Like (46)
comment Reply (0)
thumb_up 46 likes
M
"On June 6th, we launched in 3 states, now we're live in five, and by the end of July, we'll be live in seven states." Currently, the insurance only covers accounts taken over by attackers, but Broshi said they are hashing out details for an add-on endorsement plan to their policy that&#39;ll also cover account suspensions. Also in the pipeline are plans to offer similar protection for other social media platforms, including YouTube, TikTok, and Twitter. In addition to compensating people after their accounts have been taken over, Notch will also help them regain control.
Mia Anderson Member
access_time 35 minutes ago
"On June 6th, we launched in 3 states, now we're live in five, and by the end of July, we'll be live in seven states." Currently, the insurance only covers accounts taken over by attackers, but Broshi said they are hashing out details for an add-on endorsement plan to their policy that'll also cover account suspensions. Also in the pipeline are plans to offer similar protection for other social media platforms, including YouTube, TikTok, and Twitter. In addition to compensating people after their accounts have been taken over, Notch will also help them regain control.
thumb_up Like (39)
comment Reply (2)
thumb_up 39 likes
comment 2 replies
D
Dylan Patel 9 minutes ago
"We take care of everything we can on our end," assured Broshi. "Think of [Notch] like 2...
O
Oliver Taylor 14 minutes ago
"Not to mention any sensitive or intimate content that has not been made public or stored in the...
L
&#34;We take care of everything we can on our end,&#34; assured Broshi. &#34;Think of [Notch] like 24/7 concierge services; if we need the policyholder&#39;s help, we&#39;ll specifically tell them what to do and how.&#34; d3sign / Getty Images <h2> Tread With Caution </h2> A monthly payout could make this policy worthwhile for big creators, but there&#39;s more to a hacked account than just monetary loss. &#34;Social media platforms often hold a host of sensitive and personally identifiable information that can be used as extortion leverage or result in identity theft,&#34; explained Ridley.
Luna Park Member
access_time 24 minutes ago
"We take care of everything we can on our end," assured Broshi. "Think of [Notch] like 24/7 concierge services; if we need the policyholder's help, we'll specifically tell them what to do and how." d3sign / Getty Images

Tread With Caution

A monthly payout could make this policy worthwhile for big creators, but there's more to a hacked account than just monetary loss. "Social media platforms often hold a host of sensitive and personally identifiable information that can be used as extortion leverage or result in identity theft," explained Ridley.
thumb_up Like (50)
comment Reply (2)
thumb_up 50 likes
comment 2 replies
H
Hannah Kim 9 minutes ago
"Not to mention any sensitive or intimate content that has not been made public or stored in the...
V
Victoria Lopez 4 minutes ago
"I do believe that influencers and their businesses should be protected, and every effort should be ...
H
&#34;Not to mention any sensitive or intimate content that has not been made public or stored in the archive.&#34; While Ridley appreciates the need for having a safety net, he believes some kinks need to be worked out. &#34;The very nature of Instagram&#39; hacks&#39; is contentious as it could be difficult for users to prove to their insurance providers that they had legitimately been targeted, especially considering the number of people behind the scenes that may have access to a creator&#39;s platform.&#34; Ridley isn&#39;t convinced that the coverage would benefit most people, but it could be useful for certain high-profile users. Annie Pei, Digital Account Director at Ditto PR, is a little skeptical as well.
Henry Schmidt Member
access_time 18 minutes ago
"Not to mention any sensitive or intimate content that has not been made public or stored in the archive." While Ridley appreciates the need for having a safety net, he believes some kinks need to be worked out. "The very nature of Instagram' hacks' is contentious as it could be difficult for users to prove to their insurance providers that they had legitimately been targeted, especially considering the number of people behind the scenes that may have access to a creator's platform." Ridley isn't convinced that the coverage would benefit most people, but it could be useful for certain high-profile users. Annie Pei, Digital Account Director at Ditto PR, is a little skeptical as well.
thumb_up Like (47)
comment Reply (1)
thumb_up 47 likes
comment 1 replies
A
Andrew Wilson 18 minutes ago
"I do believe that influencers and their businesses should be protected, and every effort should be ...
T
"I do believe that influencers and their businesses should be protected, and every effort should be made so that they don't lose their livelihoods, but I have too many questions about security on this platform," Pei told Lifewire via email.&nbsp; Pei believes the idea sounds good on paper, but the platform must have more transparency before they encourage their clients to sign up. Sofia Kathryn Coon, owner of Sofia Kathryn Communication Strategies, has worked on social accounts and channels for CEOs and businesses for over a decade but hasn't had any of her accounts hacked. In an email exchange with Lifewire, she said she is old school in that she follows good password hygiene and doesn't think insurance is something she'd need a budget for.
Thomas Anderson Member
access_time 30 minutes ago
"I do believe that influencers and their businesses should be protected, and every effort should be made so that they don't lose their livelihoods, but I have too many questions about security on this platform," Pei told Lifewire via email.  Pei believes the idea sounds good on paper, but the platform must have more transparency before they encourage their clients to sign up. Sofia Kathryn Coon, owner of Sofia Kathryn Communication Strategies, has worked on social accounts and channels for CEOs and businesses for over a decade but hasn't had any of her accounts hacked. In an email exchange with Lifewire, she said she is old school in that she follows good password hygiene and doesn't think insurance is something she'd need a budget for.
thumb_up Like (7)
comment Reply (2)
thumb_up 7 likes
comment 2 replies
E
Ethan Thomas 27 minutes ago
"I suppose if a company has gone through a hacking, it'd be a worthwhile investment or somet...
K
Kevin Wang 29 minutes ago
Get the Latest Tech News Delivered Every Day Subscribe Tell us why! Other Not enough details Hard to...
A
&#34;I suppose if a company has gone through a hacking, it&#39;d be a worthwhile investment or something they might use for a short time while they get back on their feet, but the average day-to-day accounts really don&#39;t need this kind of protection,&#34; said Coon. &#34;It may make more sense for A or B list celebs or individuals that would potentially be targeted for their perspective.&#34; Was this page helpful? Thanks for letting us know!
Aria Nguyen Member
access_time 44 minutes ago
"I suppose if a company has gone through a hacking, it'd be a worthwhile investment or something they might use for a short time while they get back on their feet, but the average day-to-day accounts really don't need this kind of protection," said Coon. "It may make more sense for A or B list celebs or individuals that would potentially be targeted for their perspective." Was this page helpful? Thanks for letting us know!
thumb_up Like (34)
comment Reply (1)
thumb_up 34 likes
comment 1 replies
J
Joseph Kim 34 minutes ago
Get the Latest Tech News Delivered Every Day Subscribe Tell us why! Other Not enough details Hard to...
S
Get the Latest Tech News Delivered Every Day Subscribe Tell us why! Other Not enough details Hard to understand Submit More from Lifewire How a Supreme Court Ruling Could Radically Change the Internet Best Credit Monitoring Services for 2022 How to Make Money as an Instagram Influencer Two Quick Ways to Check Who Unfollowed You on Instagram How to Get Verified on Twitter With a Hack What to Know About Instagram Inactive or Deleted Account Policies How to Delete (or Just Deactivate) Your Instagram Account What Is Instagram, and Why Should You Be Using It? How to View Instagram Stories Anonymously How to Manage Multiple Instagram Accounts The 6 Best Cell Phone Insurance Providers of 2022 The Best Options for iPhone Screen Repair What Is an Instagram Creator Account?
Sebastian Silva Member
access_time 36 minutes ago
Get the Latest Tech News Delivered Every Day Subscribe Tell us why! Other Not enough details Hard to understand Submit More from Lifewire How a Supreme Court Ruling Could Radically Change the Internet Best Credit Monitoring Services for 2022 How to Make Money as an Instagram Influencer Two Quick Ways to Check Who Unfollowed You on Instagram How to Get Verified on Twitter With a Hack What to Know About Instagram Inactive or Deleted Account Policies How to Delete (or Just Deactivate) Your Instagram Account What Is Instagram, and Why Should You Be Using It? How to View Instagram Stories Anonymously How to Manage Multiple Instagram Accounts The 6 Best Cell Phone Insurance Providers of 2022 The Best Options for iPhone Screen Repair What Is an Instagram Creator Account?
thumb_up Like (4)
comment Reply (0)
thumb_up 4 likes
Z
The 10 Best Social Media Management Applications of 2022 My Phone Was Hacked. How Do I Fix It? What Is Social Media?
Zoe Mueller Member
access_time 52 minutes ago
The 10 Best Social Media Management Applications of 2022 My Phone Was Hacked. How Do I Fix It? What Is Social Media?
thumb_up Like (38)
comment Reply (3)
thumb_up 38 likes
comment 3 replies
I
Isabella Johnson 22 minutes ago
Newsletter Sign Up Newsletter Sign Up Newsletter Sign Up Newsletter Sign Up Newsletter Sign Up By cl...
E
Emma Wilson 10 minutes ago
Social Media Insurance Could Reimburse You If You’re Hacked GA S REGULAR Menu Lifewire Tech for Hu...
Show 1 more replies
C
Newsletter Sign Up Newsletter Sign Up Newsletter Sign Up Newsletter Sign Up Newsletter Sign Up By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Cookies Settings Accept All Cookies
Charlotte Lee Member
access_time 70 minutes ago
Newsletter Sign Up Newsletter Sign Up Newsletter Sign Up Newsletter Sign Up Newsletter Sign Up By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Cookies Settings Accept All Cookies
thumb_up Like (1)
comment Reply (1)
thumb_up 1 likes
comment 1 replies
S
Sofia Garcia 38 minutes ago
Social Media Insurance Could Reimburse You If You’re Hacked GA S REGULAR Menu Lifewire Tech for Hu...

Write a Reply

Similar Discussions