Technical Failure
A technical failure can be caused for many different situations. Most devices will fail at some point because of some kind of error. There are certain measures that can be put into place to avoid these errors from occurring more often. Such as the training of staff of the device they are using so these issues will become less common and then they will also be to most likely solve the problem also. Regular maintenance of the devices can also solve certain problems which may come apart in the future. Furthermore companies can invest in more reliable technology. The newer more developed systems are less likely to cause problems other than maybe optimizing them to work correctly with the current setup. It would be worth the investment in the long run because they will not break as fast and have way less problems with newer methods. …show more content…
The things that can get stolen can include computers, monitors, keyboards, printers and other general equipment. This will cost the company money to replace all of this equipment.
Not only will it cost the company money for the equipment but it can also impact on how much work the employees can get done without certain amounts of equipment. This can seriously affect performance at the company.
More importantly however, information can be stolen from the company such as finance information or private information from certain individuals. This information is very valuable and private who then can possibly sold on to other people. Certain data cannot be replaced if it is overrun or deleted also which is a reason why information is much more valuable for companies Loosing information about customers will affect the reputation of the company and their ability to compete in the market. They would have to win back the trust of their customers somehow such as offering exclusive deals.
Malicious