4 ms·
I don't really care where the money goes. I think that having one catastrophic event (huge lawsuits or fines leading to bankruptcy) for a corporate entity becau
by hellogoodbyeeee 9y ago
I don't really care where the money goes. I think that having one catastrophic event (huge lawsuits or fines leading to bankruptcy) for a corporate entity because of negligent security measures may lead other board rooms to move security measures up their priority list.
- e59d134d 9y agoI don't think that would matter either. Executives will get golden parachutes and/or get jobs elsewhere doing same thing. I think only solution is criminal charges/jail time against higher ups who prioritized profits over security.
- conductr 9y agoCould lead to actual legislation which IMO is needed. If companies like this fail miserably to protect data it's a sign something bigger is needed and missing. It's like the how Aurthur Andersen represented how accounting firms should not act, and failed miserably.
- walshemj 9y agoyes a case of "Pour encourjay lays ortras." as the late Terry Prachet puts it
- noxToken 9y agoIt may cause security to get tightened to prevent these types of incidents, but I doubt that it will improve security culture. Going forward, we would theoretically be protected from a breach of this type in other companies, but proper security is a continually moving target. New methods exploits are discovered all the time. That's what I'm worried about - are they going to be proactive in securely protecting information against future threats, or will they just check a few boxes to continue with business as usual?
- woogiewonka 9y agoBusiness as usual, and you know it.