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Data Loss And Company Closure Goes Hand-In-Hand: How Data Breaches Can Ruin Your Business Reputation

  • leotracnonstanachl
  • Aug 16, 2023
  • 1 min read


Question:Our account staff needs access to our database of customer financial information. To make it easier to remember, we just use our company name as the password. Could that create a security problem?


We modeled only direct and immediate gender-regressive impacts, as reflected in unemployment trends already evident in employment data in the United States and India. For example, we looked at actual job losses for women and men in the United States and compared that with their job losses, factoring in industry-mix effects alone. Since these unemployment trends represent short-term effects over the past months, they probably do not capture longer-term structural regressive impacts that may unfold. One example of such an impact is the potentially larger labor-force dropout rate for women if their childcare burden increases over the medium term (for example, six months to a year), making it challenging to balance paid and unpaid work. Such dropouts may become permanent if women lose experience and skills or face bias in rehiring or if a slow recovery makes jobs scarce.




Data Loss And Company Closure Goes Hand-In-Hand

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