What are the key impacts of threats, risks, and vulnerabilities? Select three answers.1 pointFinancial damageDamage to reputationIdentity theftEmployee retention
Question
What are the key impacts of threats, risks, and vulnerabilities? Select three answers.1 pointFinancial damageDamage to reputationIdentity theftEmployee retention
Solution
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Financial Damage: Threats, risks, and vulnerabilities can lead to significant financial damage. For instance, if a company's system is breached, sensitive data can be stolen and used for malicious purposes. The company may have to pay hefty fines for failing to protect customer data. Additionally, the company may need to invest in better security systems, which can be costly.
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Damage to Reputation: If a company fails to protect its data, it can suffer severe damage to its reputation. Customers may lose trust in the company and choose to do business elsewhere. This can lead to a loss of customers and revenue.
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Identity Theft: Threats, risks, and vulnerabilities can lead to identity theft. If sensitive personal information is stolen, it can be used to commit fraud. This can have severe consequences for the individuals affected, including financial loss and damage to their credit score.
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