Businesses sometimes fail to report cybercrimes for fear of losing customer confidence.

Question

Quizplus · Accepted Answer

This is true. Many businesses fear that reporting a cybercrime (such as a data breach) could damage their reputation and cause customers to lose faith in their ability to protect their personal information. As a result, they may choose not to report the incident or try to handle it internally, which can ultimately result in more harm and increase the risk to their customers.

Businesses Sometimes Fail to Report Cybercrimes for Fear of Losing