8.1.2 The potential impact of failing to maintain privacy and confidentiality

Question 1

Fill The Blank:

The impact/s of failing to maintain privacy and confidentiality can be wide ranging but includes ……………….. and …………………………….. impacts

Answer 1

Financial, Reputational

Question 2

State:

4 possible financial impacts of failing to maintain privacy and confidentiality

Answer 2

• Possible payment of compensation
• Increased costs to improve security and new computer devices, including installation and maintenance
• Loss of customers leading to loss of revenue
• Loss of revenue if, for example, invoices are lost

Question 3

State:

examples of how reputation can be damaged by failing to maintain privacy and confidentiality

Answer 3

• Business no longer seen as trustworthy
• Business goes to competitors
• Lost or corrupt data
• Limited or halted day to day function - because data is required