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Does a data breach really affect your firms reputation?

The long-held view is that breached companies are cast aside by consumers, investors and shareholders. A breach isnt just a temporary glitch its a mistake, a faux pas, which you can’t just shake off. But on closer inspection, it could be argued that this reputation argument is a falsehood. Companies often spot the intrusion too late, and respond inadequately, resulting in falling (temporary) sales and journalist outrage. A survey last year found that the overwhelming majority of people would not do business with a company that had been breached.”]

Source: https://www.csoonline.com/article/3019283/does-a-data-breach-really-affect-your-firm-s-reputation.html

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