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As long as companies view security as a worthless expense, and the only penalty is some monitoring (that no one uses) and a brief story everyone will forget, no
by coldcode 5y ago
As long as companies view security as a worthless expense, and the only penalty is some monitoring (that no one uses) and a brief story everyone will forget, nothing will change. I doubt the stock will even be affected.
Maybe the CEO should be required to be put in stocks in the town square or something. With no real penalty, there is no change.
- mmaunder 5y agoStock is down 9% since announcement. It’s an interesting case study because you get clear arithmetic on how much this breach cost shareholders. Almost exactly one billion dollars. May be short lived but useful data nonetheless. Will inform infosec budgets going forward. https://ibb.co/QMy8pZb https://ibb.co/QMy8pZb