Cyber Cover

Cyber threats are a risk to business operations and are typically not covered by business insurance. It is important to have insurance to provide peace of mind and timely recovery from cyber attacks. This coverage can protect against liabilities such as cyber extortion, data protection laws, employee negligence, and PR expenses.

Cyber Insurance |
Don’t be Next Cyber Crime Statistic

Why Cyber Insurance is important

Every day radical technologies and information security laws evolve, putting your business and customers at greater risk. A data breach can cost thousands to millions of dollars in fines, legal fees, reputational damage and lost customers.

We bring you a complete package of cyber protection services, unlike other business insurance, to ensure your peace of mind and timely recovery from cyber-attacks. The loss of corporate information and individual data could severely disadvantage a business.

We protect small and medium-sized enterprises (SMEs) against liabilities arising from breaches of data protection laws, management of personal data and the consequences of losing information worldwide.

Just PDPC alone, almost every month, there’s a breach or companies contravened the data protection provisions under the PDPA

Numbers beside are recently published from Cyber Security Agency (CSA) of Singapore.
Source: 29th August 2022


Social engineering attack where an attacker sends a fraudulent message designed to trick a person into revealing sensitive information to the attacker.


Malware designed to deny a user or organization by encrypting their files and demanding a ransom payment for the decryption key.

C&C Servers

Computer controlled by an attacker or cybercriminal which is used to send commands to systems compromised by malware and receive stolen data from a target network.

Web Defacements

Attack on a website that alters its visual appearance or informational content – similar to drawing graffiti on a wall

Good News with CyberCover

Policy Coverage

Our cyber policy provides you with wraparound crisis management services that gives you peace of mind in the event of a cyber attack. 

Recovery & Reputation

Prompt reinstatement of business with PR doing reputation recovery

Expenses & Ransom

IT, Lawyer and PR expenses including ransom payout

1st & 3rd Party Liability

Client suing or regulatory fine

Cyber Risk Management Team |
The good news is solving data breach is just a call away from a team of experts (IT, Lawyer, PR) standing by 24/7 in handling cyber threats and the aftermath.
Cyber Insurance Stamp
All you need to get a Quote

Company Revenue &
Sum Assured

Getting a quote and application is pretty straight forward. Just need to know your company revenue and amount you want to be covered.

Cyber Responsibility


Not IT Problem |

Cyber attack is not an IT problem but a Business Operation Issue

Despite what people might think, data breach is not just an IT problem. It is a business operation issue. Most small businesses don’t have such resources to apply adequate defenses. Even with an inhouse IT, Legal, PR department, they might not be a Cyber expert to co-ordinate between them.


No complete defence against
Cyber Security Breach

Cyber Liability Insurance protects you against liabilities arising from data protection laws, management of personal data & consequences of losing information. Loss of corporate information such as intellectual property and proprietary information could severely disrupt a business or even lead to bankruptcy at the hackers mercy.

Cyber threat is real

Cyber threats are commonplace and we won’t know when our staff might just happen to click an “infected” link to view an email order on a busy Monday morning.

Digital technology has brought your business incredible benefits in terms of productivity, connectivity, and automation, but it comes with the responsibility to manage and protect the data you process, your reputation and your intellectual property. No matter your strategy, there’s no complete defence against a cyber security breach, which can cause untold damage and be extremely expensive to resolve.

That’s why Cyber Liability Insurance is a critical part of total cyber defence. It protects you against liabilities arising from data protection laws, management of personal data and the consequences of losing information.

“Unlimited Retroactive Date”

One of its kind with no underwriting required. With this unique option, we can even start coverage from Day 1 your business incorporated. So no worries even if there’s a trojan horse in your system from 10 years ago awaiting your revenue to grow 10x to get higher extortion.

“Business Interruption”

Includes net profit or loss and extra expenses as a result of a network attack on an insured’s network

“Third Party Liability”

Related to privacy, personal information; corporate information; Media and Social Media (including defamation, intellectual property rights and plagiarism)

Latest Blog

With latest Cyber Incidents in Singapore & Recent PDPC Commission’s Decisions

Frequently Asked Questions

CyberCover is a liability insurance that covers the company against liabilities arising from breaching data protection laws, management of personal data and consequences of losing information. This type of policy provides the following cover:
– Crisis Management services such as data forensic expenses, breach consultation services, breach responses services and public relation expenses
– Business Interruption costs
– First Party cover against risks such as network extortion, and hacker theft
– Third Party Liability cover against regulator liability, investigation costs as well as damages sought by third parties

As more SMEs go digital and business in general transitions to more flexible and remote working, they may find themselves exposed to IT threats such as phishing attacks and ransomware. Cyber Liability insurance can help to protect the firm’s balance sheet and reputation against liabilities arising from such threats and provide timely consultation and expert services to assist with mitigation of such event.
SMEs are especially vulnerable to ransomware and other internet threats because they may not invest in the sort of IT security measures employed by bigger companies due to their more limited resources. In a study by Osterman Research, an IT research company, it found that one in three Singapore SMEs were subject to ransomware attacks last year. The Osterman study noted that about 20 per cent of the affected companies even had to shut down as a result.


Yes. Because all are different things.

Technology Liability coverage is mainly for technology companies that provide consulting services, application and software development, software-as-a-service (SaaS), platform-as-a-service (Paas), cyber security consulting, web design, cloud services, etc. It protects the liabilities arising from professional errors and omissions as well as legal liability for personal injury or property damage caused to other parties.

CyberSecurity Defence is a strategy to protect computer systems, network and online data from attack. In the strategy, different best practice tools are implemented like antivirus, spyware, anti-malware software, strong password, encryption etc.

Cyber Insurance is the coverage for financial loss due to cyber attack or threats in short. Some also provides a risk management team like IT Experts, experienced cyber Lawyer and PR for media including social media.

  • Data Forensic Expenses
  • Breach Consultation Costs
  • Costs to Restore
  • Breach Response (Notification, Credit and ID Monitoring)
  • Public Relations
  • Human error
  • Ransomware
  • Breach Consultation Costs
  • Costs to Restore
  • Phishing / Whaling
  • Data Breaches on personal data (PDPA) or confidential business information
  • Denial of Service Attacks (DDos)
  • Network attacks
  • Unauthorized Access
  • Malware attack
  • Regulatory
  • Competitive premium
  • Full Limit coverage vs Sub-Limit
  • Low Deductible of S$1,000 for each claim
  • Broader Definition coverage vs Limited coverage or no cover (e.g. Business Interruption, Reputation Cover)
  • Carve Back vs No/Limited carve back (e.g. Cyber Terrorism, Fines/Penalties)
  • Personal Contact No vs General Hotline
  • 24 x 7 x 365 vs Office Hours
  • Broad range of industry acceptance under the cyber offering
  • Unlimited Retroactive Cover option (purchased with additional premium), which provides cover for events that might have occurred prior to the inception date of the policy. Exposure to cyber attack is an operational risk of modern day business. A company will never know when their networks are compromised with malware or when an employee has accidentally sent an email containing personal data to the wrong recipient.

We have simplified the process with a pre-underwritten offering for our SME companies. You just need to answer 2 questions to get a quote. Click here for Instant Quote
For customers that are not eligible to take up the pre-underwritten offer, a proposal form is available for standalone underwriting.

You might have heard of the following:

  • Cyber Liability & Data Protection
  • IT Liability
  • Cyber Security
  • Cyber Insurance
  • Cyber Solutions
  • Cyber Risks Insurance
  • Cybersecurity Liability Insurance

Basically it’s all about cyber insurance. The main purpose is to cover the financial losses that result from cyber events and incidents. But not all policy is the same. Just need to make sure the policy covers these 3 most important areas:

Crisis Management Team

  • Crisis Management Team
    To co-ordinate and oversee the whole crisis with lawyer & PR team involvement
  • First Party
    To cover business interruption including cyber extortion or cyber ransom
  • Third Party
    To cover 3rd party liability such as regulatory liability (PDPA)