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by knappe
245 days ago
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It took them 67 days to disclose that their premier product, which is used heavily in the industry, had been compromised. Does anyone know why it seems like we're seeing disclosures like this take longer and longer to be disclosed? I would think the adage "Bad news travels fast" would apply more often in these cases, if only to limit the scope of the damage. |
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Sony & many others have proved pretty comprehensively that brand reputation isn't really impacted by breaches, even in high profile consumer facing businesses. That trickles down to B2B: if your clients don't care, why should you.
That leaves legal risk as the only other motivating factor. If that's been effectively neutered, it doesn't make economic sense for companies to do due diligence with breaches.
As far as I'm aware, Yahoo were the last company to suffer any significant impact from the US legal system due to a breach.