The Shocking Truth Cyber Attacks Can Cost Companies Billions #cybersecurity

7 months ago
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The Shocking Truth Cyber Attacks Can Cost Companies Billions #cybersecurity

It was a significant breach that had far-reaching implications The impact was so severe that it wiped out more than $2 billion in market cap That's right $2 billion vanished due to a single cybersecurity breach This incident is a stark reminder of how cyber attacks can have profound financial implications It's about real dollars and cents and these figures can skyrocket when we cost of damage control reputational loss and customer compensation The Okta incident underscores the significant financial risks associated with cybersecurity.

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