Cyber Risk Management Project
Cyber risk is an emerging threat with new complexities that call for insurers and risk managers to jointly develop innovative solutions and tools and enhance awareness and underwriting expertise.
The Cyber Risk Management (CyRiM) project is led by IRFRC at Nanyang Technological University, Singapore (NTU SG) in collaboration with industry partners, regulators and academic experts. It is a pre-competitive research project that aims to foster an efficient cyber risk insurance marketplace through engaging industry and academic experts guided by government and policy-level research.
The CyRiM project will help Singapore become an industry centre of excellence on cyber risk and grow the cyber risk insurance market by promoting both the demand and the supply of insurance coverage.
Here are some useful links:
CyRiM Cyber Pricing Tool
The CyRiM Cyber Pricing Tool is an online calculator that computes an insurance premium based on key cyber hygiene attributes.Find out more