Cyber-attack can cause major damage to your business. It can affect your bottom line, as well as your business' standing and consumer trust. The impact of a security breach can be broadly divided into three categories: financial, reputational and legal.
In pattern with this story, in India residents of Kolkata experienced similar ATM thefts in a short span. According to a report by The Economic Times, 76 victims came forward in a span of just five days. The thieves used skimmers (card copying machines) on ATMs to clone cards. These cards were then used from different locations across the country, a few even from Delhi's Hauz Khas area.
Cyber security protects the data and integrity of computing assets belonging to or connecting to an organization’s network. Its purpose is to defend those assets against all threat actors throughout the entire life cycle of a cyber-attack.
I addition, cyber-attacks can disrupt and cause considerable financial and reputational damage to even the most resilient organization. If you suffer a cyber-attack, you stand to lose assets, reputation and business, and potentially face regulatory fines and litigation – as well as the costs of remediation.
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