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In this case it’s encryption but interesting point. GDPR fines come from not following basic data protection practices, not for the breach itself. Also, a lot
by clnq 4y ago
In this case it’s encryption but interesting point.
GDPR fines come from not following basic data protection practices, not for the breach itself. Also, a lot of reputational damage of the leak comes from bad infosec (case study: LastPass). If the customer data is reasonably protected, there isn’t much motivation to pay ransoms.
Companies have data breaches all the time. Even a start-up I worked in in GDPR times had a data breach, and an extortion attempt. But all customer PI data was encrypted and only ever in plaintext on our end in an ephemeral way. The data was worthless, we never paid ransoms. We bought some darknet monitoring service for some fake canary user data, but nothing ever came up in 4 years after the breach. No ransom was ever paid and honestly, the data breach was on our minds for 10 days max.
This is not hard to do, it was done by two business guys who listened to infosec podcasts and read infosec articles online. Specialists in the area that I’m sure all of these ransomed big businesses can afford can definitely do much better data protection.
I don’t think companies are sued/prosecuted for GDPR non-compliance or any damage done to their customers if hashed blobs get leaked. Assuming the hackers even bother to leak them, because what are they going to say in the forums they sell the data on? “I have unknown encrypted data about some hashed usernames from company X”? Maybe one day in the far future that data will hold some value, but not today. I would more easily see investors suing the management for paying ransoms instead of doing even rudimentary data protection.