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The Financial Impact of Enhanced Security
Investing in advanced security measures can seem costly upfront, but the long-term financial benefits are substantial. Practices that implement robust security protocols often see a decrease in insurance premiums, as insurers recognize the reduced risk associated with well-protected businesses. Additionally, the cost of a data breach can be astronomical, with the average cost in the healthcare sector reaching $10.10 million per incident2. By proactively enhancing security, dental practices can avoid these potential losses and maintain their reputation.