A cyberinsurance policy can help offset the losses incurred from a breach, but buyers need to be aware that cyberinsurance policies can vary widely. There are a few standard items that every cyberinsurance policy should cover including Data breach notification, investigation costs, business interruption, data restoration and coverage for regulatory inquiries.
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Cyberinsurance Can Protect Your Healthcare Organizations
A security breach involving patients' electronic medical records is every healthcare organization's worst nightmare. The average cost of such a breach is $250 per patient record. So reports Fierce EMR.
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