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

What can be a consequence of a computer system failing or human error leading to data loss for individuals?

• Increased productivity

• Recovery of lost funds

• Financial loss that may not be recoverable

• Improved data security

What additional losses can companies face due to data theft or manipulation besides direct financial loss?

• Decreased competition

• Money due to downtime and reduced productivity

• Increased customer satisfaction

• Lower wages for staff

What is the moral duty of organizations regarding their customers' data?

• To use it for marketing purposes

• To keep it public

• To keep it safe and accessible to everyone

• To keep it safe and only accessible to those who need to see it

What is the maximum fine that can be imposed for non-compliance with the UK GDPR and the DPA 2018?

• £10,000 or 2% of annual global turnover

• £17.5 million or 4% of annual global turnover

• £5 million or 1% of annual global turnover

• £25 million or 5% of annual global turnover

What can be an indirect consequence for a company that loses data?

• Gaining a competitive edge

• Losing its advantage of being first in the field

• Increased investment in security

• Receiving government subsidies

What is considered a competitor advantage in the context of data theft?

• The ability to offer better customer service

• The creation of a product that is better or cheaper than what is offered by the competition

• The capacity to store more data than competitors

• The speed of data processing compared to competitors

Why might organizations be vulnerable to blackmail after data theft?

• They might want to avoid legal action

• They might prefer to pay money to avoid financial and reputational damage

• They might want to hire the person who stole the data

• They might need to recover the stolen data for operational purposes

What is a potential consequence of data manipulation?

• Immediate detection of the change

• Improved data accuracy

• It may not be noticed until after a payment has been made

• Increased data security

What can be the impact of loss of service on organizations?

• Improved efficiency due to system downtime

• Increased customer satisfaction

• Serious impact on operations and potential financial loss

• Enhanced security measures

What could be the result of losing intellectual property to a competitor due to data loss?

• Decreased competition in the market

• Increased innovation within the organization

• No significant impact on the organization

• It could be disastrous for the organization