When a breach occurs on a small- or medium-sized business, and they have customer data exposed, the business has a 60% rate of closing within 6 months. What causes the most financial impact on the business?(1 point) Responses operational disruptions operational disruptions reputational damage reputational damage legal action legal action data loss
1 answer
The most likely answer is reputational damage. When customer data is exposed in a breach, it can severely damage the trust and reputation of the business. Customers may lose confidence in the company's ability to protect their information, which can lead to a significant loss of business and revenue. Rebuilding a tarnished reputation can be a costly and time-consuming process for a small- or medium-sized business, often resulting in closure.