When a Major Organization or Corporation Loses the Personal Data

question 26

Short Answer

When a major organization or corporation loses the personal data of its customers, primarily through some form of computer hacking, what kind of pressure does that place on the organization?

---

Definitions:

Bushels

A measure of volume commonly used in agriculture, particularly in the United States, for crops like wheat, corn, and soybeans.

Absolute Advantage

The ability of an entity to produce more of a good or service than competitors using the same amount of resources.

Opportunity Cost

The cost of foregone alternatives when a choice is made, represented by the benefits that could have been received by choosing the next best alternative.

Soybeans

Refers to a type of legume native to East Asia, widely grown for its edible bean which has numerous uses.