Sedona Technologies Insights

The True Costs and Business Implications of Breaches

Written by Admin | Sep 26, 2024 2:58:57 PM

Society seems increasingly indifferent to data breaches and the value of personal information. There are two crucial aspects to this: the nature of compromised data and its exposure; and fraud and identity-based protection. Compromised data lays out your IT environment, including privileged access which can be leaked or sold on the dark web. This provides bad actors, with a detailed blueprint of your organization's structure, this makes it easier for them to exploit vulnerabilities. This makes your dealership susceptible to Ransomware, Business Email Compromise - BEC attacks, and more, costing your dealership material financial losses, damage to reputation and long-term operational disruptions.

 

At Safeguard we use the acronym F.O.R. to understand the business implications of breaches. F.O.R. standing for Financial, Operation & Reputation impact. Read our white paper to learn more about how leadership should think about cybersecurity excellence.