> Schwab probably has had the mentality that a compromise of a user's online account, while bad, is not the end of the world Hmmm. Where have we heard that bef

> Schwab probably has had the mentality that a compromise of a user's online account, while bad, is not the end of the world Hmmm. Where have we heard that before? Yes, Sony!!! There's probably a better link but here is the first one I found:[1] Back in 2007, Jason Spaltro, then the executive director of information security at Sony Pictures Entertainment, was shockingly cavalier about security in an interview with CIO Magazine. He said it was a “valid business decision to accept the risk” of a security breach, and that he wouldn’t invest $10 million to avoid a possible $1 million loss. Has anyone heard recently about how that's working out for them? :) [1] http://fusion.net/story/31469/sony-pictures-hack-was-a-long-time-coming-say-former-employees/ http://fusion.net/story/31469/sony-pictures-hack-was-a-long-...