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So they'll be out of business sooner or later then and a company that follows security best practices will take over ideally.
by rawtxapp 5y ago
So they'll be out of business sooner or later then and a company that follows security best practices will take over ideally.
- rcthompson 5y agoYes, "ideally" that's what would happen. Do you really expect that to happen in practice?
- jfoutz 5y agoWell, fines are a fixed cost, the risk can be calculated and offset against a bonus. A ransom has an unknown downside. I'd imagine most ransoms would be priced to likely get paid, but ransomers don't really know the biz inside and out, so they might guess a painful or fatal price. but that's a one time cost. the lost revenue is the killer. I'd expect there will be some serious talks about how much to pay to prevent things like this. 5 million, once? Meh, why bother taking security seriously? I suspect the lost revenue is tougher to swallow. I dunno. you gotta pay every month forever, for protection against maybe something bad happening someday? It's an insurance premium, but you don't get made whole. I guess, I'd expect companies to start paying a little for infrastructure so they can buy good insurance policies. backups would get you a lot. It'll be interesting.
- bostonsre 5y agoYea, it seems like a pretty novel situation where I'm almost happy that these gangs are walking through these companies' unlocked front doors and causing enough havoc to be noticed but not enough to hurt them beyond repair. If it becomes enough of an infectious cesspool with diseases that can't be slept off to the point that these sloppy companies are forced to wear hazmat suits to exist in the environment, maybe that isn't such a bad thing in the long run. Before that tipping point, hopefully we don't just breed a large quantity of super bug diseases/ransomware gangs that laugh at decent security.