4 ms·
Name one company that's gone out of business because of a security problem, or even had their business significantly impacted. I can't. I'm sure if you dig you
by api 13y ago
Name one company that's gone out of business because of a security problem, or even had their business significantly impacted. I can't. I'm sure if you dig you could find one, but I'm not aware of one off the top of my head.
Until this sort of thing matters to users, nothing will change.
- habosa 13y agoI bet the recent Developer Site outage had a business impact for Apple. Might be impossible to measure though.
- jerf 13y agoSony: http://www.computerworld.com/s/article/9216926/PlayStation_Network_hack_will_cost_Sony_170M http://www.computerworld.com/s/article/9216926/PlayStation_N... You can quibble about the numbers; the article doesn't come out and say it but the exact number may have been subject to some accounting shenanigans (probably the fully-legal kind, but that still leaves leeway). But it did cost them, both money and reputation. That said, I tend to agree with your general point. But companies don't quite get off entirely without consequence... it's just rare enough that it's more like a bolt from the blue than a reliable penalty.
- chrischen 13y agoI think they factored into the cost the two free games and identity theft protection that they voluntarily offered. The two free games were nice too. They gave us choices from top rated titles.
- bigiain 13y agoLavabit?
- jlkinsel 13y agoLet's see... TJ Max, UBS, Knight Capital, Heartland Payment Systems, Visa, Sony (already mentioned, but it's my fave), Stanford, Countless other hospitals, e-commerce vendors, banks, and other organizations that handle payment or personal information. If you want to say "name a startup that's gone out of business because of a security problem" I'll let you away with that. There's still instances, and I'd love startups to pay more attention to security, but I know reality as well...
- Permit 13y agoWhat was Knight Capital's security problem?
- jlkinsel 13y agoLast year when KC shot themselves in the face, they were running trading algos that hadn't been well tested. When dropped into production, things blew up fairly quickly. I probably should have left it off the list, it's more of a compliance/procedural issue than purely infosec.
- chollida1 13y agoThey had nothing to do with security. The GP was stretching a fair bit to try and make a point. They had an issue with deploying....supposedly:) They still haven't come out and said exactly what the issue was.
- dave5104 13y agoHow exactly has Stanford had its business impacted due to a security breach? I'm only thinking in terms of people wanting to apply, and I can't imagine how that'd be a deterrent.
- jlkinsel 13y agoStanford's a little more than a college. There have been at least 5 HIPAA breaches, with at least 70k people's information compromised. http://www.healthcareitnews.com/news/stanford-reports-fifth-big-hipaa-breach http://www.healthcareitnews.com/news/stanford-reports-fifth-...
- jlkinsel 13y agoTo go a little further - at a glance, it's not clear if they've been fined yet or not, but either way there's soft costs to all of this - being in the news in a negative light, some patients will go elsewhere, their insurance premiums are going to go up as a result of the breaches, etc etc.
- bane 13y agohb gary federal sony google rsa epsilon saic tricare tjmaxx/marshalls lifelock hannaford U.S. department of Vet affairs
- jlkinsel 13y agoman how'd I forget hb gary...that's my other favorite
- deleted 13y ago[deleted]
- deleted 13y ago[deleted]
- chopin 13y agoDigiNotar
- orf 13y agoGlobalSign and any other certificate authority that was hacked.