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A cyber attack can have devastating consequences for individuals, businesses, and governments.
The impact of cyber attacks includes financial loss, data breaches, reputational damage, operational disruption, legal consequences, and loss of customer trust.
Organizations may suffer from prolonged downtime, compromised sensitive information, and costly recovery efforts.
Cyber threats such as ransomware, phishing, and malware can paralyze IT systems and lead to regulatory penalties.
Understanding the impact of cyber attacks is essential for implementing effective cybersecurity strategies and protecting digital assets from evolving threats.
Impact of Cyber Attack
Answer:
For all types of Business:
1: Deleted Data – Cost to recover.
2: Ransomware – Cost to recover or pay ransom.
3: Theft Sensitive Data (Examples: Trade secrets, Employee records, Customer records, etc).
4: Loss of productivity.
5: Reputational damage.
For Utilities, all the above plus cyber-physical consequences:
1: Safety concerns.
2: Interrupted services – Blackout.
3: Damaged/destroyed physical assets.
