Malaysia Cyber Insurance
Don't Wait For A Breach - Insure Today
Welcome To Cybercover
What is Cyber Insurance
Cyber insurance is a specialized type of insurance designed to protect businesses from the financial losses and liabilities associated with cyberattacks and data breaches. It provides coverage for costs such as data recovery, legal fees, regulatory fines, customer notifications, and even ransomware payments. Additionally, many policies offer access to expert incident response teams to help mitigate damage and restore operations quickly.
In essence, cyber insurance acts as a financial safety net, helping businesses recover from the potentially devastating impacts of cyber incidents.
Why Businesses Need Cyber Insurance Now
Rising Cyber Threats
Cyberattacks like data breaches, ransomware and phishing are becoming more frequent and sophisticated. No business, regardless of size or industry, is immune.
Financial Protection
Costs of a cyber incident can be crippling—ranging from data recovery and legal fees to regulatory fines and lost revenue due to downtime. Cyber insurance helps cover these expenses, preventing financial ruin.
Reputation Management
Data breach can severely damage a business’s reputation. Cyber insurance often includes public relations support to help rebuild trust with customers and stakeholders.
Data Breach Response Support
Many policies include access to cybersecurity experts, forensic investigators, and legal advisors, ensuring businesses have the support they need during a crisis.
Peace of Mind
With cyber insurance, businesses can focus on growth and innovation, knowing they’re protected against the unpredictable and costly consequences of cyber threats.
What does Cyber Insurance Cover
First Party Coverage
Protects your business from direct losses
-
Data Breach Response: Covers costs of investigating and mitigating a breach.
-
Business Interruption: Reimburses lost income due to cyberattacks that disrupt operations.
-
Data Recovery: Pays for restoring or replacing lost or corrupted data.
-
Ransomware Payments: Covers ransom demands and negotiation services.
-
Cyber Extortion: Protects against threats like DDoS attacks or blackmail.
-
Notification Costs: Covers expenses for notifying affected customers or regulators.
Third Party Coverage
Protects against liabilities to others
- Legal Fees: Covers defense costs in lawsuits related to data breaches.
- Regulatory Fines: Helps pay fines for non-compliance with data protection laws.
- Customer Compensation: Covers claims from customers affected by a breach.
- Network Security Liability: Protects against claims of failing to prevent a breach.
Cyber Breach Support
IT & Forensic Services
Access to cybersecurity experts after a breach
Legal Services
Access to legal advise on potential compensation
Public Relations Services
Manages reputational damage after a breach
Cyber Breach News
- KLIA cyberattack: Sources dispute MAHB and Nacsa’s claim, say airport operations were severely disrupted - 2025
- Prasarana confirms cybersecurity incident - 2024
- MIDF confirms cyber security incident - 2024
- SG: Shook Lin hit by cyberattack, says no evidence of client data theft - 2024
- Payment gateway provider iPay88 says ‘cybersecurity incident’ may have compromised users’ card data - 2022
- AirAsia allegedly hit with ransomware attack, data of five million passengers and employees reportedly compromised (Updated) - 2022
- AXA Confirms Ransomware Attack Impacted Operations in Asia - 2021
- UiTM students’ data allegedly stolen - 2019
- Media Prima Berhad Malaysia servers hit by Ransomware Attack - 2018
Don't Wait For A Breach - Insure Today
Get In Touch With Us!
solution@cybercover.com.my
+6013-341 6898
Tel
+603-9055 9973
Address
62-2 (1st Floor), Jalan Radin Anum 1, Bandar Baru Sri Petaling, 57000 Kuala Lumpur
Operation Hours
Monday - Friday, 10am - 6pm (except Public Holidays)
About Us
We are a registered general insurance agency specializing in tailored insurance solutions for Small and Medium-Sized Enterprises (SME). Since our establishment in year 2000, we have been committed to supporting businesses nationwide by delivering affordable and comprehensive insurance plans designed to meet the unique needs of SME owners.
Our agency has consistently evolved into a trusted partner, achieving high client retention rates through our efficient and reliable service. Customer satisfaction remains our top priority, and we are dedicated to upholding the highest standards of service excellence for our policyholders.
To ensure our clients receive the best possible coverage at competitive premiums, we collaborate with a select group of reputable insurance providers. This strategic partnership allows us to offer tailored solutions that align with your business requirements.
We take pride in our commitment to professionalism and our thorough approach to understanding your specific needs before providing customized recommendations. Our dedicated team is available to review your existing coverage and design a personalized insurance plan that offers optimal protection at the most competitive rates.
Consultancy
We understand your business first before planning the right insurance coverage for you
Support Services
We monitor all renewals to avoid insurance lapse and yearly review.
Sourcing
We look for an insurer that fit your requirements.
Claims Services
We monitor all claims closely to minimise your business interruption and financial losses.