Slash Costs with This Cyber Security Training Secret

The Hidden Costs of Cybersecurity Breaches

When a cyber attack occurs, the immediate costs include data recovery, legal fees, and potential fines. However, the long-term impacts, such as reputational damage and loss of customer trust, can be even more costly. A study by the Ponemon Institute found that companies that experienced a data breach saw a significant drop in customer loyalty, leading to lost business and revenue².