Computers and Technology

You are a very small company that sells healthcare insurance plans. You estimate that the breach of your customer database will cost you $200,000 and that this might happen once in 5 years. A vendor wants to sell you a Data Loss Prevention (DLP) solution that would cost $50,000 per year. Which of the following is the best course of action?a. Spend $25,000 on cyber insurance to transfer the risk. b. Spend the $50,000 to mitigate the risk. c. Accept the risk. d. Spend whatever it takes to ensure that this data is safe.

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