2 ms·
Yeah, it's disgusting. I'm not sure how "1 year" of "fraud protection" coverage and the like became the defacto response of corporations who suffer breaches.
by rkagerer 7y ago
Yeah, it's disgusting. I'm not sure how "1 year" of "fraud protection" coverage and the like became the defacto response of corporations who suffer breaches.
Also wonder how motivated they are to do security right if insurance covers it: In an interview, LifeLabs CEO Charles Brown said the company had purchased cyberinsurance, but did not provide details on the coverage.
It makes me sad to see Marriott, Equifax and others skipping along with stocks at near record highs and little long-term impact from their incidents.