🚨 Surviving the Hack is Just the Beginning—The Lawsuits Will Follow 🚨
MGM Resorts just settled a $45M lawsuit after their data breaches in 2019 & 2023. The real cost? Over $100M in system disruptions, lost revenue, and legal fees. T-Mobile? Their 2021 breach led to a $350M class-action settlement and $31.5M in regulatory fines.💡 Cyberattacks don’t just steal data—they drain your finances and damage your reputation.🔥 Here’s why cybersecurity and cyber liability insurance aren’t optional:
✅ Preventive Security is Critical – System audits, employee training, and advanced threat detection can reduce risk, but not eliminate it.
✅ Cyber Liability Insurance is a Lifesaver – Covers legal fees, settlements, and compliance penalties.
✅ Incident Response Plans Save $$$ – The faster you react, the less you lose. Have a plan before an attack happens.
⚠️ It’s not if, it’s when. Cybercriminals are evolving—so should your security.
MGM Resorts just settled a $45M lawsuit after their data breaches in 2019 & 2023. The real cost? Over $100M in system disruptions, lost revenue, and legal fees. T-Mobile? Their 2021 breach led to a $350M class-action settlement and $31.5M in regulatory fines.💡 Cyberattacks don’t just steal data—they drain your finances and damage your reputation.🔥 Here’s why cybersecurity and cyber liability insurance aren’t optional:
✅ Preventive Security is Critical – System audits, employee training, and advanced threat detection can reduce risk, but not eliminate it.
✅ Cyber Liability Insurance is a Lifesaver – Covers legal fees, settlements, and compliance penalties.
✅ Incident Response Plans Save $$$ – The faster you react, the less you lose. Have a plan before an attack happens.
⚠️ It’s not if, it’s when. Cybercriminals are evolving—so should your security.
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