Protect your business when cyber incidents happen

Essential cyber incident response services packaged together with best-in-class insurance to help your business effectively deal with the cyber attack and recover quickly.

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Cyber incidents are painful

It can be stressful when you get hit with a cyber attack. Not to mention many costs are involved, including forensic, cyber extortion, data restoration, notification and public relations costs.

And if you fail to keep third party data secure, you can potentially be faced with legal defence costs, fines, penalties and investigations.

Costly

The typical cost of a cyber incident to a startup in Southeast Asia exceeds $300k and has increased by over 45% in the last five years

Uncontrollable

Human factor accounts for 55% of the cyber breaches, making it nearly impossible to prevent through cyber security alone

Growing

6x increase in phishing attacks over the last year, more than doubling during the period of everyone working from home

What you can expect from a Cyber policy

Typical policy benefits

1. Coverage to respond to breaches and attacks

Incident response services

Cyber extortion costs

Customer and regulator notification

Forensic investigation

Legal representation costs

Data restoration

PR crisis management

2. Protection if you fail to keep third party data secure

Legal defence costs

Investigation costs

Fines and penalties

3. Recovery for loss of profits due to a cyber incident

Business interruption due to malicious attacks, unauthorised access, damage to data or programs, system outage, network interruption or degradation of network

Typical policy exclusions

Deliberate acts by the insured

Costs arising from upgrading of applications, systems or network

Fraud and dishonesty

Losses arising from failure or outage of power, utility services or telecommunications

Prior known facts

Losses arising from cloud and web hosting service providers

Cyber quote