It's becoming clear from some of the replies that a lot of people don't understand the fundamental difference between data breaches and other major cyber security events. Thread:https://twitter.com/MalwareTechBlog/status/1223358543220203521 …
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That’s the reason why GDPR introduced big fines, so companies would actually do something about data breaches because as you rightly say, it’s no big deal for them.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Buy 48 hours after and sell 3 months later. Mileage varies but it holds up historically. You'll get slightly better returns if the handling of the breach was a total rug-shitting catastrophe.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Bitcoin will fix this company.
#ripHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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the sad part is the answer to most breaches is patch management. when nobody runs or pushes the update for six months it will definitely cost some upper C level their job but you are correct that it barely moves the companies overall net worth.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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I tend to agree but with the rise of consent orders that could be a significant impact to the long term bottom line which is going to have market impacts.
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Unfortunately, however irrational the share-price movements, from the perspective of the share-issuing entity, those can also (sometimes) be existential crises, too.
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Now for the vast majority of businesses, this is the very first regulation they have to follow, and boy were they not prepared for that (still aren’t in many cases). They are bewildered by what it takes to comply and so breaches are the first topic of discussion.
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Now just for the fun, I’d like to add that a ransomware *is a data breach* and if people attack saying that loosing accesses to their cards impacted their rights and freedom, Travelex might be slammed with a fine on top of the rest.
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Čini se da učitavanje traje već neko vrijeme.
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