6.3 Impacts of risks of breaches in information security

Loss of services and access- To stop attacks. Networks shut down after attacks to make sure their network is more secure, downtime costs a lot of money through loss of business.

Failure of security of confidential information- (national security, payroll information) Failure to keep information secure can result in huge loss of money.

Loss of information to a third party- Hacking for the benefit of a rival company is called industrial espionage.

Loss of reputation- Loss of faith and loss of image can seriously damage a companies reputation through hacking and information leaks.

Threat to national security- Threats that can affect security of the country.