While technology exists to make lives easier and more efficient, it also causes as much harm as it does good. In the past several years, cyber attacks have continuously evolved using innovative methods to commit initiate data breach attacks,and most organizations aren’t ready for these sort of cyber attacks.

The most common victims for data breaches are organizations, whether it’s a large corporation or a small business. Data breaches can have a significant impact on their reputation and business situation. But the severity of the consequences for these situations are also different.

For instance, continuous security breaches could harm the credibility of your business. If your customers believe you can’t keep their data safe, then they would take their business somewhere. Employees may not want to be associated with a business that can’t be trusted.

But for most situations like this, a common result is the financial loss. They could expect an initial fall in sales, a slump in stock value and paying for fines. It’s also possible to lose more money from hackers holding on the data for ransom.

For large companies, this might be a minor inconvenience, but for small businesses, this could even lead to going out of business with all their assets wiped out. Overall, no one wants to deal with the consequences of data breaching.

In this infographic by Telemessage, learn how some world’s biggest companies suffered from lack of cyber protection and make sure you don’t make the same mistakes.