Data loss happens when data is unintentionally erased or when data is corrupted for any other reason. Data can be rendered by viruses, physical damage, or formatting mistakes.
When data loss is followed by security breaches, productivity timelines are also pushed back and you risk losing consumers. Your business must notify customers when sensitive data is lost or compromised, costing you their confidence and respect.
In that data is compromised, data loss is analogous to a data breach. But in a data breach, the information is typically not affected but ends up in the wrong hands. In a data breach, data loss is possible, but the actual data is erased. A number of there are numerous causes of data loss, and they can vary by industry.
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