Discuss the Cost related to Security Breach

Discuss the cost related to that security breach. Provide suggestions for the company to improve the security measures and minimize the impact of the security breach.   [3 pages, 1 slides]

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Security breach can be described as the unauthorized access to organizational data on their networks, servers, devices resulting to illegal data manipulation and leakage. Security breaches are usually described in the context of business organizations, companies and government entities. People involved in security breaches are motivated by the urge to access confidential data of individual identities, email addresses, passwords and other sensitive financial data among others. The cost of security breaches may be huge considering that organization today operate on big data, therefore organizations must put in place measures aimed at curbing or minimizing security breaches to ensure continuity in operation.