Devastating Impacts Of A Cybercrime Training Ppt

Slide 2

This slide highlights well-known and hidden costs of cyber incidents. Some easily identifiable impact includes legal fees, cybersecurity improvements, etc. Some hidden impact includes operational disruption, reputation damage, etc. The hidden impact is far more damaging than the more easily identifiable negative consequences.

Slide 3

This slide gives an overview of how cyber attacks can impact businesses. Cyber attacks can lead to increased costs, change in business practices, operational disruption, loss in revenue, reputational damage, and stolen intellectual property.

Slide 4

This slide talks about how cybercrime can lead to increased business costs. Organizations that come under cyber attack may incur costs, such as cybersecurity technology and expertise, notifying affected parties of a breach, insurance premiums, and public relations support.

Slide 5

This slide discusses how cybercrime affects business practices. To prevent leakage of sensitive data, companies must reconsider how they gather and retain data.

Slide 6

This slide talks about how cybercrime can lead to operational disruption. In addition to direct financial losses, organizations often incur indirect costs from cyberattacks, such as significant business interruptions that lead to revenue loss.

Slide 7

This slide discusses how cybercrime can lead to losses in revenue. A cyberattack may cause a sudden decline in sales as cautious clients go elsewhere to protect themselves against cybercrime.

Slide 8

This slide talks about the reputational damage that cybercrime inflicts on businesses. Organizations that fall victim to more extensive cyberattacks see a rapid erosion in their brand equity. Customers and suppliers might feel less confident sharing their private information with a business whose IT infrastructure has been breached.

Instructor’s Notes: Research indicates that publicly traded corporations are likely to have a short-term decline in market value in addition to decreased institutional trust.

Slide 9

This slide discusses how intellectual property is stolen during cyberattacks. Products, technology, and go-to-market plans are frequently among a company's most valuable assets. A large portion of this intellectual property is stored in the cloud, which makes it susceptible to data breaches or cyberattacks.