4 ms·

For those who didn't get the reference: The OP is quoting Tyler Durden, a fictional character of the movie 'fight club'. So take it with a grain of salt.

by LeonM 7y ago

CelestialTeapot 7y ago
That is indeed fictional, but the real world Ford Pinto that was based on is real [1]. 1. https://www.tortmuseum.org/ford-pinto/ https://www.tortmuseum.org/ford-pinto/
wrayjustin 7y ago
Or, take it for what it is, a quote from a movie. But don't dismiss the merits of the idea. It's essential Risk Management[0], which is most certainly a relevant part of Information Security. Specifically, this is a form of Cost-Benefit Analysis (specifically, Qunatativie Risk Analysis[1]), a critical component in proper Risk Management; the reality is you cannot "fix" every issue. Take a look at methods like Single Loss Expectancy[2] and Annualized Loss Expectancy[3]; you'll find that the Fight Club quote is very close to the real-world methodology. I cannot speak for the Automobile Insurance industry, but given Insurance is founded in Risk Management, it seems likely to be closer to reality than not. [0] https://en.wikipedia.org/wiki/Risk_management https://en.wikipedia.org/wiki/Risk_management [1] https://csrc.nist.gov/csrc/media/publications/conference-paper/1999/10/21/proceedings-of-the-22nd-nissc-1999/documents/papers/p28.pdf https://csrc.nist.gov/csrc/media/publications/conference-pap... [2] https://en.wikipedia.org/wiki/Single-loss_expectancy https://en.wikipedia.org/wiki/Single-loss_expectancy [3] https://en.wikipedia.org/wiki/Annualized_loss_expectancy https://en.wikipedia.org/wiki/Annualized_loss_expectancy
rangibaby 7y ago
Fight Club is referencing to a real document made by Ford, the "Pinto Memo"
deleted 7y ago
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tanseydavid 7y ago
The quote is resonant because anybody with first hand experience with the way "corporations" think internally about such matters KNOWS that this is EXACTLY how it plays out.

For those who didn't get the reference: The OP is quoting Tyler Durden, a fictional character of the movie 'fight club'. So take it with a grain of salt.

by LeonM 7y ago

For those who didn't get the reference: The OP is quoting Tyler Durden, a fictional character of the movie 'fight club'. So take it with a grain of salt.

CelestialTeapot 7y ago

That is indeed fictional, but the real world Ford Pinto that was based on is real [1]. 1. https://www.tortmuseum.org/ford-pinto/ https://www.tortmuseum.org/ford-pinto/

wrayjustin 7y ago

Or, take it for what it is, a quote from a movie. But don't dismiss the merits of the idea. It's essential Risk Management[0], which is most certainly a relevant part of Information Security. Specifically, this is a form of Cost-Benefit Analysis (specifically, Qunatativie Risk Analysis[1]), a critical component in proper Risk Management; the reality is you cannot "fix" every issue. Take a look at methods like Single Loss Expectancy[2] and Annualized Loss Expectancy[3]; you'll find that the Fight Club quote is very close to the real-world methodology. I cannot speak for the Automobile Insurance industry, but given Insurance is founded in Risk Management, it seems likely to be closer to reality than not. [0] https://en.wikipedia.org/wiki/Risk_management https://en.wikipedia.org/wiki/Risk_management [1] https://csrc.nist.gov/csrc/media/publications/conference-paper/1999/10/21/proceedings-of-the-22nd-nissc-1999/documents/papers/p28.pdf https://csrc.nist.gov/csrc/media/publications/conference-pap... [2] https://en.wikipedia.org/wiki/Single-loss_expectancy https://en.wikipedia.org/wiki/Single-loss_expectancy [3] https://en.wikipedia.org/wiki/Annualized_loss_expectancy https://en.wikipedia.org/wiki/Annualized_loss_expectancy

rangibaby 7y ago

Fight Club is referencing to a real document made by Ford, the "Pinto Memo"

deleted 7y ago

[deleted]

tanseydavid 7y ago

The quote is resonant because anybody with first hand experience with the way "corporations" think internally about such matters KNOWS that this is EXACTLY how it plays out.