A data breach is a catastrophic event that can have severe financial and reputational consequences for any organization. As cyberattacks grow in complexity and frequency, the potential costs associated with a breach are escalating, affecting businesses of all sizes and across industries. Understanding these costs and their implications is crucial for organizations to develop robust security strategies and mitigate risks. Financial losses from a data breach can be staggering, encompassing direct and indirect costs. Direct costs include regulatory fines, legal fees, and the expense of investigating and addressing the breach.…
Read MoreThe Cost of a Data Breach: Financial and Reputational Impact
