What can be a consequence of failing to secure private employee and customer data?

Failing to secure private employee and customer data can indeed create significant liability for an organization due to potential theft. When sensitive information is compromised, it not only exposes the individuals affected to identity theft and fraud but also subjects the organization to legal repercussions. Organizations can face lawsuits, regulatory fines, and damage to their reputation. This liability can result in substantial financial losses, particularly if the breach leads to the theft of intellectual property, customer information, or employee details.

Maintaining robust data security practices is essential to mitigate these risks and protect both the organization and its stakeholders from the serious consequences of data breaches. In contrast, the other options are not appropriate consequences of failing to secure data; they do not accurately reflect the negative implications or risks associated with such breaches.