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20/20 Vision for Cyber Risk –
AOAExcel sees the cyber risk and the need for cyber liability insurance in optometry. Along with Lockton Affinity, they have launched coverage to protect optometric practices from the costs and reputational damage done by a cyberattack. A leading cyber insurer underwrites the coverage. The move targets rising cyber threats. Forty-three percent of attacks hit small businesses. Healthcare drives 28% of breaches. Only 14% of small businesses feel prepared.
“One of the scariest challenges a practice owner can face is discovering their practice has been targeted by cybercriminals,” said Sam Pierce, O.D., AOA Past President and Chairman of the Board for AOAExcel.
Cyber Threats Surge in Healthcare
From rural hospitals to patient data to potential loss of life due to cyberattack, our past reporting paints a deeply concerning picture about the state of cybersecurity in healthcare.
We have reported that 19% of healthcare leaders report that cyberattacks have already compromised patient care, and 52% believe a fatal cyber incident is “inevitable” within the next five years. In the last year alone, 80% of healthcare organizations were attacked.
“Finding a cyber liability policy with adequate coverage isn’t easy.”
Kevin Johnson, Lockton Affinity
Crystal Clear Coverage and Response
The AOAExcel policy offers two price points and a fast application. One call activates an experienced incident response team. Services include forensic investigation and IT recovery. The team manages required patient notifications. It adds credit and identity monitoring. Public relations support helps with stakeholder messaging. Cyber liability insurance complements cybersecurity insurance and data breach insurance. The package aims to cut downtime and costs.
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“Finding a cyber liability policy with adequate coverage isn’t easy,” said Kevin Johnson, Program Executive at Lockton Affinity. “It’s rare to find coverage this extensive, offered at such competitive rates, with a simple application process.”
Why It Matters for Optometry
Optometry offices hold sensitive patient data. Exposure triggers regulatory, financial, and reputational risk. Coordinated response reduces confusion during a breach. Clear recovery steps speed restoration and compliance tasks. Cybersecurity insurance coverage aligns protection with daily practice workflows.
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