What are the consequences of ignoring conversion security?

Ignoring conversion security can lead to significant consequences, particularly in the realm of potential data breaches and loss of customer trust. When organizations fail to implement adequate security measures during the process of data conversion, they expose themselves to vulnerabilities that malicious actors can exploit. This can result in unauthorized access to sensitive information, such as personal data or financial records. Such breaches not only have immediate financial repercussions due to potential legal liabilities and remediation costs but can also severely damage a company's reputation. Trust is a critical component of customer relationships, and once that trust is broken, it can be incredibly difficult to restore. Customers may choose to take their business elsewhere, leading to long-term impacts on the organization's revenue and market position. Ensuring robust conversion security is vital for maintaining both the integrity of data and the confidence of customers.