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Most Companies Suffer Reputation Damage After Security Incidents

Security incidents and information theft and loss hit some 86% of companies in the past year. Physical theft or loss of intellectual property most commonly occured these security incidents. Nearly two-thirds of companies said incidents due to fraud (65%), cyber (67%), or security (66%) incidents had damaged their reputations. Some 23% say their company suffered losses of 7% or more in revenues. Kroll: “People instinctively think about data being targeted by cyber attacks, but not all threats to information are confined to the digital realm””]

Source: https://www.darkreading.com/cloud/most-companies-suffer-reputation-damage-after-security-incidents

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