On Tue, Apr 8, 2014 at 6:46 AM, ianG <[email protected]> wrote:
> On 7/04/2014 22:53 pm, Edwin Chu wrote:
> ...
> E.g., if we cannot show any damages from this breach, it isn't worth
> spending a penny on it to fix!  Yes, that's outrageous and will be
> widely ignored ... but it is economically and scientifically sound, at
> some level.
This system works great for the firms involved.

The first data breach I was part of, it cost me over $10,000 to fix. I
did not find out until I had judgements against me, and the collection
agencies came after me.

The latest breach I got sucked into only involved a compromised credit
card, so it only cost me $75 to have a new one shipped to me while I
was out of town (I only have one credit card).

Saving those pennies has worked out great for me. I'm glad the
executives got their bonuses and the stock holders got their
dividends.

Jeff
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