A data privacy breach can have a number of effects. In addition to the financial costs, it can negatively affect individual lives. It can also be the result of human error or an honest mistake. Fortunately, there are some ways to minimize the damage. Cost of data privacy breach The cost of a data privacy breach can be enormous for a company. It can range from million-dollar lawsuits to damage to a company’s reputation. And the indirect costs can affect the company for years. While the United States has the most expensive data breaches, Germany has the lowest cost, at…