Answer to Question #273637 in Computer Networks for Jennifer

Question

An attack can impact individuals in the home and individuals working in organizations in different ways.

Considering the statement above , describe any two possible individual or personal cyber impacts using examples

Answer 1

1.Reputational Risk 

 Loss of trust between customers and stakeholders is the most detrimental impact of cybercrime, as the overwhelming majority of people do not trade with the affected enterprise, especially if the customer's data is not protected. There is a possibility. Not only can this directly lead to business losses, but it can also lead to the devaluation of brands that you have worked hard to build.

2 Economic Loss 

 Cybercrime costs SMEs disproportionately more than large companies, given the size of the company. For large companies, the economic impact of a security breach can reach millions, but at its size, radar has little financial impact.