What Are the Consequences of Neglecting Security and Compliance?
Neglecting security and compliance can have severe consequences for a business. It can lead to data breaches, financial losses, legal penalties, and irreparable damage to the company's reputation. In some cases, it can also result in the loss of customer trust and loyalty. Business leaders must understand that investing in security and compliance is not just a regulatory requirement, but a critical component of long-term business success.