What are the Consequences of Ignoring Cyber Threats?
Ignoring cyber threats can have severe consequences, including:
- Financial loss: Costs associated with data breaches, including fines, legal fees, and loss of revenue. - Reputational damage: Loss of customer trust and damage to the company’s brand. - Operational disruption: Downtime and loss of productivity due to compromised systems. - Legal implications: Potential lawsuits and regulatory penalties for failing to protect sensitive data.