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Not sure I follow. Are you saying that it's sane to spend 10x the value of a thing protecting against the loss of that thing?
by growse 12y ago
Not sure I follow. Are you saying that it's sane to spend 10x the value of a thing protecting against the loss of that thing?
- Dwolb 12y agoI think what people are hinting at, but not explicitly saying is the $10M vs. $1M tradeoff between hardening a database and notifying users is a very narrow perspective. They're not weighing the possible monetary losses to their users or possible damage to their reputation.
- growse 12y agoAnd that's one of the many things that makes security hard: effectively weighing impacts against remediation costs (even measuring impacts is really hard). It appears Sony did it badly. But I agree with the statement that it doesn't make sense to spend $10m mitigating against a possible $1m loss.
- felixgallo 12y agoHow would you value the loss that Sony has faced here? If you guessed more than $1M, you did better than this guy.
- growse 12y agoBut that's not the question. No-one's suggesting that Sony considered this specific scenario and arrived at loss impact of $1m, are they? Hindsight is a wonderful thing. An interesting question is this: You're the CISO of a major Hollywood studio. You have a budget of $xx million. Smart, well-resourced people are determined to destroy your company. What do you do?
- ff6633 12y agoNice try, Scott