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You have a point, but I also can expect a minimum level of competance and caring about the data you have stewardship over. Sure, given enough time and motivati
by hpoe 5y ago
You have a point, but I also can expect a minimum level of competance and caring about the data you have stewardship over.
Sure, given enough time and motivation anyone can probably break into anything, but that isn't an excuse to let the password for the FTP server that pushes out updates be 'password123'.
Here's the problem companies have absolutely no incentive to care about Security. Several years back some hackers stole a bunch of my information from Experian. You know what I got out of it, a free $10 subscription to their identity service, along with lifelong worry of wondering if someone has opened an account in my name and racked up a ton of debt that I'll be held responsible for.
You know what Experian got, nothing, a slap on the wrist and now their stock is in the same place it was before.
I am doing my Masters in Information Assurance and Cybersecurity right now, and the whole mindset of all of my classes is "you're going to be pwned eventually so figure out how to move the risk to some other poor sucker to take the blame when it happens." pisses me off so much. The entire industry basically uses this as an excuse to avoid responsibility and just make sure they aren't the ones held responsible when the manure hits the rotary oscillator, and that bugs me to no end.
At the end of the day there are real people who are getting screwed and hurt by this, while the execs and security "consultants" spend their time trying to figure out how to make sure that when sh* hits the fan they can't be sued, and d** the customer and their well-being we've got to figure out how to make sure we keep the law away.
EDIT: Clarity and formatting
- andreilys 5y agoThe concept of Moral Hazard is important here, which basically states that there is a lack of incentive to guard against risk where one is protected from its consequences. In a lot of cases the execs of these companies will continue to collect a large bonus, despite the fact that they utterly failed their customers.
- hellbannedguy 5y agoTieing the CEO pay to attacks should be as common as Poison pills, Golden Parachutes, and Stock incentives. Backups, and strict security, might be important? Put security right up their as important as their rediculious salaries.