The rising practice of shaking down customers to pay for security shortfalls could have a silver lining for CISOs, as diluted price competitiveness could convince top brass of the ROI of cybersecurity investments.
The rising practice of shaking down customers to pay for security shortfalls could have a silver lining for CISOs, as diluted price competitiveness could convince top brass of the ROI of cybersecurity investments.
Companies pass costs to customers. How is this a news message? It’s literally what they always do.
You are not wrong. It’s just extra special “fuck you” since they leak your personal data and then charge you more for it.
Capitalism without heavy democratic socialist regulations is doomed to destroy all that is good in society.
Capitalism without social regulation is just fascism. The powerfull learned the hard way that doing fascism over night isn’t nearly as effective as doing it over the span of decades. Now here we are the whole world under the thumb of super power fascist dictatorships. Yes America i mean you.
Who else would pay for it?
Passing it on to consumers means that they will raise prices which will hurt says thus harming income. If they don’t raise prices they lose money as well. At the end of the day they are paying for it directly and you are paying for it indirectly.
Best option is to completely abandon companies with terrible track records. These days pretty much every major company has had a breach. They key is how they handle it and how often it happens.