Essay # 1
When companies have to deal with data breaches it is financially devastating. The financial devastation is a result of money being stolen from the company and potentially clients. Therefore, clients may want to sue due to trusting the company with the data. Some lawsuits may materialize and this can indeed put a financial dent in the company’s profits. Furthermore, the company will have to hire lawyers to investigate and figure out who actually breached and hacked the data. This can cost a lot of money as well. According to research “These costs include revenue lost due to the ...