business intelligence
Equifax's journey from asset impairment to financial recovery.
Cybersecurity breaches are becoming more common and pose a serious threat to the stability and reputation of the technology industry.
With data breaches and hacking attempts occurring almost every day, how can businesses cope? protect their assets?
More importantly, how can companies succeed? rebound After a breach occurs?
The occurrence of cybersecurity breaches has been increasing at a constant rate in recent years. These can lead to significant costs with both. directly and indirect impact to company assets.
Post-breach repercussions can range from financial impact to a company's stock price and even consumer outlook.
direct cost
- attorney's fee
- Incident response
- infrastructure repair
- data recovery
overhead costs
- Harmful rumor
- negative emotions
- Loss of customer trust
Given the serious nature of cybersecurity threats to businesses, it's important to understand the following: Impact of impairment The number of security breaches involving a company, especially its assets.
A company's assets often form a core part of a company's valuation; net worth.
When a cybersecurity breach occurs, a company's assets can have a direct financial impact. It is important to understand and test whether a company is suitable. assets exceed their recoverable amount.
If a company suffers significant damage from a cybersecurity attack, it could potentially lead to:
