SME Cyber Protect
Made Easy
Real problems need simple solutions
A cyber event can devastate business operations and continuity
Outcome
Lack of resources and planning to identify, halt and mitigate a cyber attack
Outcome
Right-sized security for businesses of every size.
Our packages are designed to match any business size
Packages
Coverage
Contains all the essential features that help to increase your store’s efficiency.
Business Interruption
Up to S$100,000
Cyber Extortion Loss
Up to S$100,000
Data Recovery Costs
Up to S$100,000
Data & Network Liability
Up to S$1,000,000
Regulatory Defense & Penalties
Up to S$100,000
Payment Card Liabilities & Costs
Up to S$100,000
Breach Response
Full Policy Limit
Higher coverage levels are available to match your business requirements.For coverage definitions, please refer to Documentation section below.
Additional Information
Documentation
| Coverage | Explanation |
| Business Interruption | Covers loss of profits during a cyber attack whilst data is being restored |
| Cyber Extortion Loss | Reimburses extortion payments and costs to mitigate, prevent or respond to an extortion threat |
| Data Recovery Costs | Covers the expenses incurred to restore, recreate, or recover data that is lost due to a cyber incident |
| Data & Network Liability | Covers the insured's liability arising from a data breach or network security failure that compromises data and causes damages to third parties |
| Regulatory Defense & Penalties | Covers fines and penalties imposed by regulators or government authorities, including the costs to respond to investigations relating thereto |
| Payment Card Liabilities & Costs | Covers the insured's financial and legal responsibility arising from the compromise of customer payment card data |
| Breach Response | Covers the costs of immediate support when a cyber incident or data breach occurs (e.g., legal support, cybersecurity support, etc.) |
Frequently Asked Questions
What is SME Cyber Protect?
SME Cyber Protect is a cyber insurance policy that helps safeguard your business against losses from cyber disruptions caused by cyberattacks, data breaches and other digital risks. The insurance policy is underwritten by Great Eastern General Insurance Limited.
How will SME Cyber Protect help me when I’m facing a data breach?
SME Cyber Protect will let you have instant access to our Cyber Specialist support such as breach forensics, data recovery, and crisis management so you don’t have to navigate this alone when it matters the most.
Are there any exclusions?
The following exclusions apply:
- Bodily Injury and Physical Damage
- Prior known acts & noticed claims
- Patent, Software Copyright, Misappropriation of Information
- Illegal gathering or distribution of information
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