Next: Organizational Risk
Leaks of private and confidential information.
Business outages due to cyber attacks.
Lost revenue and costs for investigation, remediation and liability.
Damaged reputation and brand image.
Loss of stakeholder trust including damaged relationships with employees, investors, customers, communities and partners.
Costs for non-compliance with data protection laws and regulations.
Theft of intellectual property and loss of competitive advantages.
The costs of notifying people and organizations impacted by a cybersecurity incident.
Legal fees and legal liability.
Increased insurance premiums.
Disruptions due to cybersecurity incidents that originate with a partner. For example, supply chain disruptions due to a partner who has been hit with a cyber attack.
Disruptions to strategic planning and execution such as mergers & acquisitions, business expansion or product launches.
The loss of business opportunities such as a financing deal that falls through due to a cybersecurity incident.
The need for increased spending on technology, infrastructure, consulting and training to improve cybersecurity.