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The True Cost Of Data Breach for Business

The intentional or unintentional release of secured and confidential information that involves the transfer, copying, viewing or stealing the information is called Data Breach. There are many different types of data breaches as well as a variety of motives behind these. A data breach can be a result of a personal grudge that will lead to Identity theft, Credit card and Health information breaches or it can be organizational competition in which the company’s secret documents, finances, ideas and intellectual property is stolen.

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