What Are the Consequences of Poor Password Management?
Poor password management can have severe repercussions for entrepreneurs and their businesses. Potential consequences include:
Data Breaches: Unauthorized access to sensitive information can lead to data breaches, financial loss, and damage to your brand reputation. Legal Issues: Failure to protect customer data can result in legal actions and fines, particularly with regulations like GDPR and CCPA. Operational Disruption: Cyber attacks can disrupt business operations, causing downtime and loss of productivity.