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The article placed a general emphasis on "cybersecurity costs"; I guess it didn't really indicate what percentage was that vs. litigation, but any "cybersecurit
by _bxg1 7y ago
The article placed a general emphasis on "cybersecurity costs"; I guess it didn't really indicate what percentage was that vs. litigation, but any "cybersecurity costs" are as I described above: costs that should've already been spent before the breach and are just being forced now. Only the litigation is a true "penalty".
- jiveturkey 7y agoAbsolutely, only the litigation is a penalty. The article specifically and explicitly stated, $700MM in legal costs. > Lawsuits and investigations have cost $690 million in the first quarter of 2019 alone,