| Customer Trust Erosion |
The gradual loss of confidence and loyalty from customers due to data loss incidents, resulting in decreased sales and a damaged brand image. |
| Data Breach |
An incident where sensitive, confidential, or protected data is accessed, stolen, or used by unauthorized individuals or parties. |
| Data Loss |
The unintended loss of data or information stored on a computer or device. |
| Data Privacy Violations |
The infringement of individuals' privacy rights as a result of data loss incidents, leading to concerns about data misuse or identity theft. |
| Data Recovery Costs |
The expenses associated with recovering lost or corrupted data, including the use of specialized software or hiring data recovery experts. |
| Financial Impact |
The negative repercussions on an organization's finances due to data loss, including potential revenue loss and costs associated with data recovery. |
| Legal Consequences |
The potential legal liabilities faced by organizations due to data loss, including fines, penalties, and lawsuits for failing to protect sensitive information. |
| Operational Disruption |
The interruption or shutdown of business operations caused by data loss, leading to productivity losses and service disruptions. |
| Regulatory Non-Compliance |
The failure to meet legal requirements and industry standards related to data protection and security, leading to penalties and sanctions for non-compliant organizations. |
| Reputation Damage |
The harm to an individual or organization's reputation caused by data loss incidents, which can lead to loss of trust and credibility. |
