What are the financial implications of data loss, theft, or manipulation?

1.3.2 The impact of data loss, theft or manipulation on individu

Flashcard
•
Business
•
9th - 10th Grade
•
Hard
Glen West
FREE Resource
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6 questions
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1.
FLASHCARD QUESTION
Front
Back
Data loss, theft, or manipulation can lead to significant financial losses for individuals and businesses, including costs related to recovery, legal fees, and potential fines.
2.
FLASHCARD QUESTION
Front
What are the moral and legal implications of data loss, theft, or manipulation?
Back
Moral and legal implications include gaining an unfair competitor advantage, breaking GDPR/DPA regulations, and being open to blackmail.
3.
FLASHCARD QUESTION
Front
What is data manipulation in the context of data loss or theft?
Back
Data manipulation involves unauthorized changes to data, which can lead to misinformation and potential harm to individuals or businesses.
4.
FLASHCARD QUESTION
Front
What is the impact of loss of service due to data issues?
Back
Loss of service can disrupt business operations, leading to customer dissatisfaction and potential financial losses.
5.
FLASHCARD QUESTION
Front
How does data loss affect intellectual property?
Back
Loss of intellectual property can result in the loss of competitive advantage and potential revenue for businesses.
6.
FLASHCARD QUESTION
Front
What is the impact of data loss on reputation?
Back
Data loss can damage the reputation of individuals or businesses, leading to a loss of trust and potential loss of customers or clients.
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