Product
A single data breach can cost your SME $25,000+. Cyber insurance covers ransomware, PDPA fines, and the recovery you can't afford to fund yourself.
Your employee clicks a phishing link on Monday morning. By Tuesday, your customer database is encrypted and the attackers want $50,000 in Bitcoin. Your systems are down, your customers are exposed, and the PDPC wants answers.
Cyber insurance covers the financial fallout from exactly this kind of scenario — data breaches, ransomware, system outages, social engineering fraud, and the regulatory penalties that follow. It pays for the forensic investigation, the legal defence, the customer notifications, and the business you lose while your systems are down.
In Singapore, PDPA fines can reach $1 million for a single breach. Legal and forensic costs regularly hit five figures. And that's before you count lost revenue, damaged reputation, and customer lawsuits. Cyber insurance is the financial safety net that lets you recover quickly instead of slowly going under.
Coverage
Key areas of protection included under a typical Cyber Insurance policy.
Forensic investigation, customer notification, credit monitoring, and PR crisis management — the first 72 hours covered
Ransom payments, negotiation with attackers, and the cost of getting your systems back online
Lost revenue and extra expenses when a cyber attack takes your systems offline for days or weeks
Covers fines up to $1M from Singapore's PDPC, plus the legal costs of defending an investigation
When clients or partners sue you because their data was exposed in your breach
Restoring, recreating, or recovering data that was encrypted, deleted, or corrupted in an attack
Money lost to phishing, CEO impersonation, or fake invoice scams — the #1 cyber threat to SMEs
Who Needs This
Any business that stores customer data or takes online payments. E-commerce shops, retail businesses, and SaaS platforms are prime targets. A payment card breach or customer data theft can trigger PDPA investigations, PCI fines, and lawsuits — all covered by cyber insurance.
Tech companies and startups. You handle client data and run systems that other businesses depend on. When your platform goes down or gets breached, it's not just your problem — it's every customer's problem. Cyber insurance covers your liability to them.
Professional services firms — accountants, lawyers, consultancies. You hold confidential client data. A breach of that data means regulatory action, client lawsuits, and reputational damage that can take years to repair. Many clients now require proof of cyber cover before they'll hire you.
Literally any business that uses email. Business email compromise doesn't require sophisticated hacking — it exploits human behaviour. An employee approves a fake invoice, transfers funds to the wrong account, or clicks a link they shouldn't. Cyber insurance covers losses from these attacks.
Why TRS
We read the fine print so you don't have to. Cyber policies vary enormously. Some exclude ransomware. Others have sub-limits that gut your protection. We compare wordings across insurers and make sure your policy actually covers the threats that matter.
PDPA-ready coverage. We structure your policy to respond to Singapore's data protection framework — PDPC investigation costs, mandatory breach notification, and insurable fines all included.
Incident response built in. The best cyber policies include access to breach response teams, forensic investigators, and legal specialists. We help you pick policies that give you a head start when an incident hits — not just a cheque three months later.
FAQ
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