Not only is information at risk, so are physical objects like your vehicle and everything in your smart home, from appliances to TVs, nanny cams and home security systems.
Experts caution that threats from cybercriminals could intensify barbadostoday.bb - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barbadostoday.bb Daily Mail and Mail on Sunday newspapers.
Cyber insurance has often been seen by business leaders as a monetary guarantee that even if hackers do break into their networks and steal their data, they can still escape financially unscathed.