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How Data Breaches Erode Trust and What Companies Can Do

  • Data breaches can have a huge financial cost and cause reputational damage to companies.
  • The reputational damage may lead to a decrease in customer trust and perception of the brand.
  • Finance, healthcare, and retail industries are more susceptible to data breaches as attackers target them for monetary gain.
  • The loss of sensitive patient and personal data in healthcare can impact individuals and healthcare institutions.
  • The retail industry needs to have contingency plans in place to avoid system downtime during the peak sales season.
  • Organizations must implement cybersecurity measures according to the vulnerabilities of their industry.
  • CTEM can prioritize potential countermeasures and enhance the security posture of organizations on an ongoing basis.
  • The reduction in the time required to identify and address incidents is achieved by integrating valuable insights with the Security Operations Center (SOC).
  • Verizon has improved hospital cybersecurity by unifying its network and centralizing access controls to boost operational efficiency and protect patient information.
  • Data Loss Prevention (DLP) tools can safeguard data in the healthcare sector by monitoring sensitive information in outgoing emails.

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