Can businesses rely on insurance to cover damages resulting from privacy violations or unauthorized disclosure of sensitive data?
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Can businesses rely on insurance to cover damages resulting from privacy violations or unauthorized disclosure of sensitive data?
Businesses can rely on insurance to cover damages resulting from privacy violations or unauthorized disclosure of sensitive data through cyber liability insurance. This type of insurance can help protect businesses from financial losses related to data breaches, cyberattacks, and other privacy violations. However, it’s essential for businesses to carefully review their insurance policies to ensure that they adequately cover these risks and to understand any exclusions or limitations that may apply.