The implications of data breaches in biotechnology can be severe and wide-ranging. For individuals, breaches can lead to identity theft, privacy violations, and psychological distress. For companies, the financial implications include substantial fines, legal costs, and loss of intellectual property. Moreover, breaches can damage a company's reputation, leading to loss of customer trust and market share. From a societal perspective, data breaches can undermine trust in biotechnological advancements and hinder scientific progress.
