Considering the widespread presence of data across various sectors, what are the likely outcomes for businesses if they fail to prevent unauthorized a...
Question
Considering the widespread presence of data across various sectors, what are the likely outcomes for businesses if they fail to prevent unauthorized access?
(I) Businesses may experience reputational harm due to loss of trust and the belief that they cannot safeguard sensitive information effectively.
(II) Financial damages caused by theft, fraud, or exposure of confidential financial data.
(III) A decline in customer satisfaction caused by the leakage of information related to a company's products.