Cybersecurity Service Provider Licence
The Cybersecurity Services Regulation Office (CSRO) is the Singapore government agency responsible for issuing licenses to cybersecurity service providers (CSPs). A CSP license is required for any company or individual that provides licensable cybersecurity services in Singapore.
Licensable cybersecurity services include:
Penetration testing
Vulnerability assessments and remediation
Security incident response
Security audits
Managed security services
The licensing framework aims to give greater assurance of safety to customers, raise the standards of CSPs, and address the information gap between CSPs and consumers of cybersecurity services.
Here's a summary of the Cybersecurity Service Provider Licence in Singapore:
Who needs it: Any company or individual that provides licensable cybersecurity services in Singapore.
Benefits: Enhances consumer trust, improves service provider standards.
Application process: Applications are made electronically via GoBusiness Licensing https://www.csro.gov.sg/.
Application Process
The application process for a Cybersecurity Service Provider Licence in Singapore is handled electronically through the Cybersecurity Services Regulation Office (CSRO) website. Here's a breakdown of the general steps involved:
1. Eligibility Check: Before applying, ensure your company or yourself falls under the category requiring a license. You can find details on licensable services on the CSRO website.
2. Prepare Required Documents: Gather the necessary documents as listed on the CSRO website. These typically include:
Company registration details (if applicable)
Personal particulars (for individual applicants)
Information on relevant qualifications or experience of key personnel involved in delivering the licensable cybersecurity services
Business profile and track record (if applicable)
3. Online Application: Submit the completed application form and all supporting documents electronically through the CSRO's GoBusiness Licensing portal.
4. Processing and Review: The CSRO will review your application for completeness and assess if it meets the licensing requirements. This process can take up to eight weeks from the date they receive your complete application.
5. Outcome Notification: You will be notified via email regarding the outcome of your application. The CSRO may request additional information during the review process.
Additional Tips:
Ensure all submitted documents are clear, legible, and in English.
Double-check your application for accuracy and completeness before submitting.
Refer to the CSRO's FAQs section https://www.csro.gov.sg/ for clarification on specific requirements or procedures.
Remember, this is a general overview. It's advisable to visit the CSRO website for the latest information and the most up-to-date application process.
Licence Validity
2 years
Licence Fee
$500 for individuals, $1000 for businesses (with a one-time 50% waiver for applications submitted within the first year).
For more information on the Cybersecurity Service Provider Licence, please visit the Cybersecurity Services Regulation Office website https://www.csro.gov.sg/.
Sources
How Bestar can Help
Bestar can assist you with obtaining a Cybersecurity Service Provider Licence in Singapore. Our area of expertise lies in accounting, finance, business services, and licensing.
We are able to help in a couple of ways:
General Business Support: If you're applying for the license as a company, Bestar is able to provide general business support services such as company registration (if you haven't already done so) or other administrative tasks.
Financial Management: Bestar could help you manage your company's finances by keeping your finances organized.
Licence Application: For the Cybersecurity Service Provider Licence, refer to the Bestar website https://www.bestar-sg.com or reach out to us for any queries related to the application process.
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