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Why You Need Cyber Liability Insurance

Cyber liability insurance covers various costs associated with cyber incidents, including legal fees, notification expenses, and even public relations efforts to mitigate reputational damage. For small and medium-sized enterprises (SMEs), a cyberattack can be financially devastating, with recovery costs often exceeding $200,000 on average1. By investing in a cyber liability policy, you can ensure that your business is protected from such financial burdens.

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