Social media insurance launched. Employee use of social media can be perilous, but one insurer is attempting to reduce the risky nature of Facebook and Twitter. UK company ALLOW has created social media insurance cover, which it claims will protect its members against the impact of reputational damage, account jacking and all other forms of ID theft. Get news stories like this straight to your inbox with our FREE newsletter Claiming that Facebook has reported a hack rate of 600,000 user accounts per day, and that 55,000 Twitter accounts were hacked in a single move this year, ALLOW has highlighted the significant damage that a social media mishap can create. “There have been numerous high-profile cases of account jacking in the news recently, including Reuters,” said a company statement.
“In Reuters' case, pro-Syria messages were posted.” “This is a unique piece of consumer social media protection, which perhaps wouldn’t have been needed a few years ago,” added ALLOW’s CEO Justin Basini. More stories: What ALLOW does | ALLOW. The Market for Online Privacy Heats Up. CrisisShield: Free Online Reputation Insurance with Select Trackur Monitoring Plans. With select Trackur online reputation monitoring plans we include our exclusive CrisisShield reputation management insurance at no extra charge. With CrisisShield you can sleep easy at night knowing that, should your company’s reputation come under attack, Trackur will work hard to restore your good name. Trackur is the only social media monitoring company to offer this valuable reputation insurance coverage free of charge.
With CrisisShield’s reputation insurance, should your company face an online reputation crisis that threatens your reputation, you’ll receive: Up to two hours of online reputation management & crisis response consulting from Search Mojo. Start Your Free Trial Now Terms & Conditions CrisisShield is a level of complimentary protection and assistance offered to selected Trackur customers. For no additional cost beyond your Trackur subscription, we will review and assess your company’s reputation problem, and suggest both online messaging remedies and a legal response. Social media insurance to protect your online profile and data » The Informative Report. An UK based company has launched social media insurance to protect people’s online reputations and data. ‘iAllow’ will help bury search engine results of your embarrassing social media incident to make it harder for people to find.
If your account has been hacked, your identity stolen, iallow will take legal steps to try and discover the perpetrator’s identity. Head of communications at iAllow, Joe Wiggins said that the company wanted to help people realise how easy it was to be careless with social media. “(It) could result in them losing their job or being the victim of crime, for example,” he said. iAllow conducts a risk report to find out exactly where your personal information is stored online and analyses where your data and privacy is at risk. Then a team of people will work to fix the problem to ensure it doesn’t happen again. “We felt there was a niche for this,” he said. The service costs between 3.20 pounds ($AU4.95) and 3.99 pounds ($AU6.18) a month. Walmart Like this: Social Media Insurance Starts in UK. It’s official – insurance companies are setting their sights on the social media realm.
After a landmark case won by Nicola Brooks, who managed to get Facebook trolls identities legally revealed, it’s become clear that social media isn’t all just posting instagramed photos of your delicious brunch and playing Draw Something with your friends. There can be real defamation of character when the trolls get geared up for war, and UK-based insurance company ALLOW has decided that people need protection. It is the first “social media insurance” plan to hit the UK. The idea is to protect customers from “reputational damage, account jacking and other forms of ID theft.” The plan will cover the expenses for receiving legal advice and expert support. ALLOW will offer up to £10,000 ($16,250 USD) in fees and costs for any one incident or £3,500 ($5,690 USD) towards any reputational damage for around £3.99 ($6.50 USD) a month, and will offer new customers 30 days of free coverage.
What do you think? Data Risks | ALLOW | ALLOW.