often accounts for the bulk of breach costs because it includes high customer turnover and brand damages that hinder new growth.
including process breakdowns and lost employee productivity that could affect over half the business’s annual income.
including notifying individuals whose data was breached and hiring external experts to help resolve the breach and repair brand image.
for individual victims and their PII, and class action lawsuits are becoming one of the most expensive consequences of a breach.
Theft of trade secrets and intellectual property (IP)
can significantly derail business growth, competitive differentiation, and future sales.
Risk of job termination
for those in charge of and most tied to data, security, and IT and potential company-wide employee turnover.