Analysing a data breach and its impact on an organisation
Describing the cause of a breach, which data and people were affected, and the impact on operations, finances, reputation and legal standing.
Understanding Analysing a data breach and its impact on an organisation in VCE Data Analytics U4O2
What it does: Financial impact covers measurable costs and lost revenue caused by the breach. Reputation impact is about public trust and image, shown here by customers leaving after the breach became public. Data affected identifies the type of data and the number of people involved. A fine is a financial or legal impact. Operational impact is disruption to normal business activity. Bad media coverage is a reputational impact. Legal impacts involve breaking laws such as the Privacy Act 1988, leading to investigations, penalties or court action. Overtime is an operational or financial cost. The cause of the breach explains what happened and how the attacker or error gained access to the data.
Common mistakes: Names, emails and passwords are the data affected, not an impact. The line should be labelled 'Data:'. Lost sales are a financial impact, not the cause of the breach. The cause should describe how it happened, such as an unpatched server flaw.
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