Responding to a breach is a complicated process that requires the assistance from many different professionals. Failure to notify the affected individuals without unreasonable delay could cost your agency up to $1,500,000 in fines from government agencies. Add this to the $200,000 average cost to comply with notification laws, the legal liability and the reputational harm caused by the breach and you can quickly see how this exposure can be devastating to your agency.
full 80% of businesses that experience a data security breach
don't survive. The right insurance can keep your agency from becoming
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