When a breach occurs on a small- or medium-sized business, and they have customer data exposed, the business has a 60% rate of closing within 6 months. What causes the most financial impact on the business?(1 point) Responses operational disruptions operational disruptions reputational damage reputational damage legal action legal action data loss
The most likely answer is reputational damage. When customer data is exposed in a breach, it can severely damage the trust and reputation of the business. Customers may lose confidence in the company's ability to protect their information, which can lead to a significant loss of business and revenue. Rebuilding a tarnished reputation can be a costly and time-consuming process for a small- or medium-sized business, often resulting in closure.
