Is it worth taking out personal cyber insurance in case you are caught up in a data hack?

Experts say investing in identity theft protection may provide peace of mind, but won’t help recover lost information

Medibank

Information including names, dates of birth, addresses, phone numbers, passport and Medicare numbers, and even healthcare claims have been posted online in the past few months as a result of the high profile breaches. Most products also offer credit monitoring to alert you of anyone trying to take out loans or open bank accounts in your name and will lock down your credit file to prevent such activity.

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