Which of the following effects is experienced by an organization when confidential data is exposed to cybercriminals?Group of answer choicesMarket share gainBrand popularityRegulatory sanctionsGood reputation
Question
Which of the following effects is experienced by an organization when confidential data is exposed to cybercriminals?Group of answer choicesMarket share gainBrand popularityRegulatory sanctionsGood reputation
Solution
The effect experienced by an organization when confidential data is exposed to cybercriminals is Regulatory sanctions.
Here's why:
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Market share gain: This is unlikely because the exposure of confidential data usually results in a loss of trust from customers, which can lead to a decrease in market share.
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Brand popularity: Again, this is unlikely. Such incidents can harm the brand's reputation, leading to a decrease in popularity.
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Regulatory sanctions: This is the most likely outcome. When confidential data is exposed, it often means that the organization has failed to adequately protect that data. This can lead to sanctions from regulatory bodies.
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Good reputation: This is unlikely. As mentioned earlier, the exposure of confidential data can harm an organization's reputation.
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