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1. The expenses associated with recovering lost or corrupted data, including the use of specialized software or hiring data recovery experts.
2. The gradual loss of confidence and loyalty from customers due to data loss incidents, resulting in decreased sales and a damaged brand image.
3. The negative repercussions on an organization's finances due to data loss, including potential revenue loss and costs associated with data recovery.
4. An incident where sensitive, confidential, or protected data is accessed, stolen, or used by unauthorized individuals or parties.
5. The harm to an individual or organization's reputation caused by data loss incidents, which can lead to loss of trust and credibility.
6. The infringement of individuals' privacy rights as a result of data loss incidents, leading to concerns about data misuse or identity theft.
7. The potential legal liabilities faced by organizations due to data loss, including fines, penalties, and lawsuits for failing to protect sensitive information.
8. The interruption or shutdown of business operations caused by data loss, leading to productivity losses and service disruptions.