Cyber Liability Insurance can protect your business against a breach of confidential employee data, medical data, customer information (such as credit card data) or confidential client information. A breach could be financially catastrophic due to the costs of notification and managing a business’ own response to the breach, as well as the cost of defending against lawsuits and paying any resulting damages or regulatory fines and penalties.
If you are in IT Service Provider, Realtor, Property Manager, Accountant or Lawyer, you will especially want this type of insurance coverage.
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