Roughly 21% of the 19 private cyber enforcement units are deemed ineffective.

In the ever-evolving digital landscape, the need for robust cyber insurance has become increasingly important. A recent analysis by the renowned firm Franke and Bornberg has shed light on the best cyber insurance policies for individuals currently available in the market.

The analysis, which examined 19 standalone cyber insurance tariffs offered by 17 companies, found that public insurers generally perform better. A policy from VGH ranks second with an impressive 74 points, while the "very good" tariff is a product of the public insurer ÖSA Öffentliche Versicherungen Sachsen-Anhalt, achieving the best result with 78 percent of possible points.

Interestingly, no tariff received the highest rating of FFF+ (excellent), and only one was rated "very good" (FFF) by the researchers. An exception is the Inter Allgemeine Versicherung, which ranks third with a "good" 71 percent (FF+) and is the only private insurer whose private cyber policy is rated FF+ by Franke and Bornberg analysts.

The firm developed a total of 68 test criteria for evaluating the cyber insurance tariffs. The most heavily weighted aspects in the evaluation are "account/data/identity misuse", "data and device recovery after cyber attacks", and "losses in online shopping". Coverage levels for these crucial aspects can reach up to 20,000 euros, with "losses in online shopping" and "losses in online sales" being covered up to 15,000 euros.

The insurance company named "Nürnberger" was rated "very good" by Franke and Bornberg and scored the highest points with a rating of 92.3% and FFF+. This makes Nürnberger the standout performer in the private sector.

In conclusion, as cyber threats continue to evolve, it's essential to have a reliable cyber insurance policy in place. The analysis by Franke and Bornberg provides valuable insights for individuals seeking to protect their digital assets effectively.