What impact does cyber attacks on IT infrastructure have on companies like Thomas Cook

Cyber attack on IT infrastructure of Thomas Cook
  • Cyber attacks on the IT infrastructure of a company like Thomas Cook can lead to a significant disruption in operations.
  • Customer data, including personal and financial information, may be compromised, leading to potential legal and financial repercussions.
  • Such attacks can damage the company's reputation and erode consumer trust, impacting future business and revenue streams.
  • Financial losses may occur due to system downtime, loss of revenue, and costs associated with rectifying the damage caused by the cyber attack.
  • Recovery and remediation efforts can be time-consuming and costly, diverting resources from other business priorities.
  • Overall, cyber attacks on IT infrastructure can have far-reaching consequences for companies like Thomas Cook, affecting their operations, finances, and reputation.
Answered 4 months ago
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