Cyber Insurance
Comprehensive cyber coverage protecting your business against data breaches, ransomware, regulatory penalties, and cyber-related business interruption.
Backed byAXA · Chubb · Allianz · Zurich · Manulife
"After a ransomware attack locked us out of our systems, our TRS cyber policy covered the negotiation, full IT recovery, and three weeks of lost revenue."
End-to-end cyber risk management
Covers forensic investigation, breach notification to affected parties, credit monitoring, and PR crisis management following a data breach.
Pays ransom demands and covers full IT system recovery and restoration costs following a ransomware or cyber extortion event.
Income protection and extra expenses during system downtime caused by a cyber attack — including cloud service provider failures.
Legal costs and regulatory fines arising from MAS guidelines or PDPA non-compliance investigations triggered by a cyber incident.
The most common cyber threats faced by Singapore businesses are phishing attacks, ransomware, business email compromise (BEC), and data breaches — all of which can be covered under a TRS cyber policy.
Yes. TRS can arrange policies that include regulatory defense costs and fines arising from PDPA investigations triggered by a covered cyber incident. This is increasingly important as PDPC enforcement grows.
Isolate affected systems, do not pay ransom without consulting your insurer, and call the TRS claims line immediately. Your policy includes access to a 24/7 incident response team who will guide you through containment.
Premiums are based on your annual revenue, industry sector, IT security posture (MFA, endpoint protection, backup practices), and claims history. TRS reviews your security controls to optimise your premium.
Yes, with the appropriate rider. Social engineering fraud — where an employee is deceived into transferring funds — can be covered under a crime extension on your cyber policy. Speak to a TRS advisor for details.