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Quest Diagnostics
Quest Diagnostics

Healthcare & biotech / Medical diagnostics and clinical laboratory services

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Risks

1. Loss of customer privacy: Quest Diagnostics stores a large amount of confidential health information for its clients, making it vulnerable to unauthorized access or malicious attacks.


2. Litigation Risk: Quest Diagnostics could be subject to fines or sanctions from the government in the event of a privacy breach or other legal violation.


3. Reputational Risk: If Quest Diagnostics fails to properly protect customer information, its reputation could be damaged and consumers could be less likely to trust its services.


4. Technology Risk: Quest Diagnostics relies heavily on technology for its day-to-day operations and could suffer financial losses and downtime if its systems and security measures fail.


5. Regulatory Risk: Quest Diagnostics could face legal action due to changes in government standards and regulations.


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