what is a data breach? A data breach is an incident where sensitive, confidential, or protected information is accessed or disclosed without authorization. This often happen due to cyberattacks, insider threats, or even accidental exposure leading to potential identity theft or other fraudulent activities. Data breach can include personal details like names, addresses, Social Security numbers, financial information, and even medical records. The consequences can be severe, leading to identity theft, financial loss, and damage to an organization's reputation. Consequences of a data breach: Company: Financial Loss : Companies may face hefty fines, legal fees, and compensation costs. They might also lose revenue due to disrupted operations. Reputation Damage : Trust is hard to earn and easy to lose. A breach can severely damage a company’s reputation, leading to loss of customers and business partners. Operational Disruption : Recovering from a breach can disrupt...
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