Maximize Dental Practice Savings with Cyber Liability Secrets

Financial Implications and Cost Savings

While the cost of cyber liability insurance varies based on factors such as the size of the practice and the amount of sensitive data handled, the investment is often outweighed by the potential savings. For example, the average cost of a data breach in the healthcare sector was approximately $9.23 million in 2021³. In contrast, cyber liability insurance premiums for small to mid-sized practices can range from $1,000 to $7,500 annually, depending on coverage limits and risk factors⁴.