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Cyber insurance | BCS Financial

Data Breach Damages Quickly Mount

Sharon Dold

There has been much discussion in the cyber insurance marketplace about third party damages from a data breach. A hospital in California recently agreed to pay over $240 to each patient who was affected by the breach.

Although the breach was relatively small with only 33,000 people impacted, the damages quickly mount.

St. Joseph Health to pay $7.5M | Becker’s Hospital Review