Re:Equifax IT staff had to rerun hackers' queries to work ou...
by wongarsu on Wednesday September 19, 2018 @07:38PM
(#18028527)
>I mean, if there's fundamental problems, it eventually has to reflect in the stock price... right?
From a business perspective, poor IT security doesn't have to be a fundamental problem. Occasionally beating up your customers may be fine, and being voted as worst company in America isn't nessesarily that bad either.
Are there fines high enough to impact business? Are you on the receiving end of new legislation because of the event? Is the market both capable and willing to punish you? Depressingly often the answer to all of those is "no".
From a business perspective, poor IT security doesn't have to be a fundamental problem. Occasionally beating up your customers may be fine, and being voted as worst company in America isn't nessesarily that bad either.
Are there fines high enough to impact business? Are you on the receiving end of new legislation because of the event? Is the market both capable and willing to punish you? Depressingly often the answer to all of those is "no".