Cost impacts and how they can affect your company
It is not necessary to go far to understand that companies that have their data leaked can suffer great financial losses, in addition to having their reputations seriously tarnished. The consultancy PwC points out that Brazilian businesses had losses in excess of 1 million dollars in 2017 due to theft and damage to their information and intellectual property. Check below what are the main costs involved in this type of situation: Loss of customers Think about how the JPMorgan bank had to deal with the insecurity generated by its more than 76 thousand customers. Discursive maneuvers are not enough when the vulnerability is presented in a public square. Leaking data can make any company less competitive, especially when customers start looking for alternatives that they think are safer. Industrial espionage Another serious damage that can affect income is industrial espionage. With fierce competitiveness, companies that suffer attacks on their data can see their secrets revealed to ...