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