Cyberinsurance may protect you from online crimes

Every person who connects to the internet risks fraud. The more money you have or control, the more likely you are to be targeted.

Cyberinsurance is a category of insurance designed to protect your assets or reputation from a range of old crimes made high tech: extortion, theft, and confidence games.

You can insure yourself against many of these risks, even identity theft, with cyberinsurance. These policies are usually inexpensive, but the terms vary widely. According to Kiplinger, cyberinsurance policies are not standardized, so check with a broker to find and compare policies.