Infographic: 4 Impacts of a Data Breach on Your Business

Data Breach

Imagine you’ve been working for hours, you’re sleep-deprived, and you need coffee to continue working. You go get a cup of coffee and come back. Oops! You just had a security data breach.

Yes, that’s how little time it takes for someone to breach your data. In fact, 93% of successful data breaches occur in less than one minute.

Moreover, 80% of businesses take weeks to even realize that a breach has occurred.

How does a Data Breach Impact Your Business?

A data breach can impact your business in a variety of ways, including:

#1. Revenue Loss

Loss of revenue is probably the most common and significant impact of a security breach. Studies have shown that 29% of businesses that face a breach go on to lose a major portion of their revenue for a long period of time.

#2. Cases of Vandalism

In a number of instances, hackers breach personal data or website information to make a few small, subtle changes to the content. These subtle changes may then be used to further compromise an organization.

#3. Loss of Intellectual Property

Targeting strategies, designs, and blueprints of a company is a common practice of hackers. Studies reveal the construction and manufacturing industries to be the most prone to such attacks. Interestingly, 60% of these hacks are seen primarily targeting small businesses. 

#4. Damage to Brand Image

It takes years of a lot of effort and marketing strategies to build a brand, and only an instant to lose it all. A data breach holds the potential to damage the image and reputation of your business in a huge way. Customers value their privacy and a compromised state of your company would make them hesitant to trust your business.

What Are Some Ways You Can Help Protect Your Business from Data Breaches?

  • Maintain strong passwords and use two-factor authentication.
  • Maintain systems such as Intrusion Detection Systems and Intrusion Prevention Systems (IDS/IPS).
  • Have a security expert assess your environment and systems.
  • Backup and encrypt your files.

For more information, check out this infographic by Cypress Data Defense.

Data Breach

Myself, Vaibhav S is a Founder and Editor-in-Chief of TechnoGiants, working Software Professional, and an avid lover of Software's and Web Services. I love computers and also love to write and share about Tech-related Stuff, Computers etc with others.
Back To Top
Content Writing
5 Career Opportunities to Start Your Content Writing Career
7 Secrets to Finding the Perfect Ghostwriter for Your Business
Article Writing
6 Quick Tips to Improve Your Article Writing – A Writer’s Guide
7 Ways Blogging Can Help You Scale Your Business
Keyword Stuffing
Creating SEO-Friendly Content: 7 Methods to Avoid Keyword Stuffing in 2024
Local SEO
5 Proven Local SEO Techniques for Small Business Growth
Link Building
Local Link Building: Strategies for Attracting Quality Backlinks
10 Tips to Make Mobile-Friendly Website: The Key to SEO Success
Instagram Influencer Marketing
Harnessing The Power Of Instagram Influencer Marketing For Brand Awareness
Instagram Ads
8 Proficient Instagram Ads Strategy: How to Capitalize Your Brand on the Platform
Instagram Store
9 Proven Tips To Optimize Your Instagram Store For More Customers
Instagram Advertising
7 Essential Tips to Magnify Your Success with Instagram Advertising
Artificial Intelligence
Understanding Artificial Intelligence: Massive Impact on Industrial Sectors
Voice User Interface
Voice User Interface: 7 Best Benefits in Web Design
AI Tools
10 Mind-Blowing AI Websites That Will Revolutionize Your Everyday Life
Environmental Issues
Is It True That Science and Technology Are Behind Environmental Issues?
Website Freshness
Curious About Website Freshness? Learn 5 Expert Hacks
Multi-user Website
Multi-user Website on WordPress: 8 Powerful Steps Creation Guide
WordPress VS Laravel
WordPress VS Laravel: Which is Best to Use in 2023?
Readability Score
6 Killer Tips to Improve Readability Score on WordPress?