Part 2: Potential Consequences of a Cyber Attack On Your Business

Part 2: Potential Consequences of a Cyber Attack On Your Business

Lost business

Can you afford to close for two or three days without warning? That’s the likely consequence of a denial of service attack, resulting in frustrated customers and loss of revenue.

Lost data

Many cyber attacks result in file corruption or other forms of data loss.

Lost trust

Customers rely on you to safeguard credit card details and other personal information they share with your company. If this information is compromised, many customers will have a hard time trusting your company again.

Lost money

In the aftermath of a cyber attack, you may have a lot of unexpected expenses, including the need to notify customers of the breach and replace compromised equipment. In areas covered by the EU’s General Data Protection Regulations, you may face large fines and have to deal with a lawsuit. If you were targeted with ransomware, you may be unable to get access to your own files unless you pay off the criminals.

 

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