After a security breach

Tuesday, 25 October 2005, 7:55 AM EST

While IT executives don't seem to be losing their jobs over the rising number of publicly reported breaches, their companies are experiencing severe losses, starting with an exodus of customers and customer loyalty. According to a September survey of 10,000 adults conducted by the Ponemon Institute, a privacy research organization, 19% of respondents ended their relationships with companies reporting breaches, and 58% say they have lost trust.

By Deb Radcliff at Network World.

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