5 ms·
I agree with everything you said except "a customer database leak could kill a company". Do we have any example of any company going under due to a data breach
by jjeaff 8y ago
I agree with everything you said except "a customer database leak could kill a company".
Do we have any example of any company going under due to a data breach? Unfortunately, there seem to be a lot of examples of enormous breaches that did essentially nothing. (like Experian)
- londons_explore 8y agoThat Italian malware vendor closed down after all it's internal documents were leaked. As did the law firm behind the Panama papers
- usmannk 8y agoHacking Team is still alive and kicking.
- jjeaff 8y agoWell yes, but I would attribute the first to simply doing illegal things and getting caught. The data breach just helped them get caught faster. The second, yes, although privacy was literally their number one product and I wouldn't categorize a leak quite the same as a breach.
- succleaf 8y agoCode Spaces https://www.theregister.co.uk/2014/06/18/code_spaces_destroyed/ https://www.theregister.co.uk/2014/06/18/code_spaces_destroy... MyBizHomepage - once valued at $100m in 2008 https://www.nytimes.com/2012/08/23/business/smallbusiness/struggling-to-recover-from-a-cyberattack.html https://www.nytimes.com/2012/08/23/business/smallbusiness/st... but that fact I could find them at all by searching for https://duckduckgo.com/?q=company+folded+after+breach https://duckduckgo.com/?q=company+folded+after+breach is evidence that it is rare