A Data Breach takes place when sensitive, protected, or confidential information is accessed without authorization by individuals or entities. This may involve personal data, financial records, or proprietary business information being exposed, stolen, or improperly disclosed.
This involves:
- Exploiting vulnerabilities in systems or networks
- Accessing or acquiring sensitive data without permission
- Misusing or leaking obtained information, often with malicious intent
A data breach has the potential to inflict considerable damage on individuals as well as organizations. It might lead to stolen identities, financial damages, damage to reputation, lawsuits, and fines for non-compliance. Businesses facing data breaches often need to invest in damage control, implement stricter security measures, and rebuild trust with impacted stakeholders.
Data breaches are critical concerns as they undermine privacy, highlight systemic security weaknesses, and can have long-term repercussions on relationships and trust in digital ecosystems.
Setting Your Program up for Success from the Start
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Promotional Allowance Program Regulations
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