Educause Security Discussion mailing list archives
Re: WSJ Article - A Contrarian View on Data Breaches
From: "Torgersen, Eric A" <etorgersen () ALBANY EDU>
Date: Tue, 5 Aug 2014 14:09:29 +0000
Actually, it does look like the breach did impact Target’s sales, at least for some period of time: http://www.usatoday.com/story/money/business/2014/03/11/target-customer-traffic/6262059/ http://www.nytimes.com/2014/05/22/business/after-more-weak-earnings-target-lowers-forecast.html?_r=0 Eric Torgersen Senior Systems Analyst ITS Systems Management & Operations 518-250-9725 From: The EDUCAUSE Security Constituent Group Listserv [mailto:SECURITY () LISTSERV EDUCAUSE EDU] On Behalf Of Harry Hoffman Sent: Tuesday, August 05, 2014 10:00 AM To: SECURITY () LISTSERV EDUCAUSE EDU Subject: Re: [SECURITY] WSJ Article - A Contrarian View on Data Breaches As far as I know Target suffered no loss of sales as a result of the breach so how exactly are we measuring impact? UMD would be a great one to look at. Maybe Jack can chime in on whether or not they've been able to measure impact. Cheers, Harry On Aug 5, 2014 9:51 AM, Peter Lundstedt <peter.lundstedt () drake edu<mailto:peter.lundstedt () drake edu>> wrote: I agree that reputational damage is much harder to measure than financial damage. It seems like it takes an extreme event with a large scope to have a noticeable impact. I would say the Target breach had a reputational impact, as did the one impacting UMD earlier this year. These are attacks you still see in the news months after the original notification. Peter Lundstedt| Information Security Analyst Drake Technology Services (DTS) | Drake University From: Harry Hoffman [mailto:hhoffman () ip-solutions net] Sent: Tuesday, August 05, 2014 8:28 AM To: Peter Lundstedt Cc: security () listserv educause edu<mailto:security () listserv educause edu> Subject: Re: WSJ Article - A Contrarian View on Data Breaches I’d love to see some hard evidence of reputational damage. Folks always point to it as a major concern but I’ve yet to see one organization show anything tangible in regard to damaged reputation. Cheers, Harry On Aug 5, 2014, at 9:06 AM, Peter Lundstedt <peter.lundstedt () drake edu<mailto:peter.lundstedt () drake edu>> wrote: Curious if anyone read the article in today’s Wall Street Journal titled A Contrarian View on Data Breaches. The interviewees seem to have a viewpoint around what’s best for their bottom line and for their shareholders, rather than what may be best for the cardholder. We’ve never suffered a breach (that we know of) but I can’t imagine trying to keep it under wraps in hope that our reputation would not suffer. Interested in others opinions. Article Link<http://online.wsj.com/articles/a-contrarian-view-on-data-breaches-1407194237?mod=WSJ_hp_LEFTTopStories> Peter Lundstedt| Information Security Analyst Drake Technology Services (DTS) | Drake University
Current thread:
- Re: WSJ Article - A Contrarian View on Data Breaches, (continued)
- Re: WSJ Article - A Contrarian View on Data Breaches Harry Hoffman (Aug 05)
- Re: WSJ Article - A Contrarian View on Data Breaches Julian Y Koh (Aug 05)
- Re: WSJ Article - A Contrarian View on Data Breaches McClenon, Brady (Aug 05)
- Re: WSJ Article - A Contrarian View on Data Breaches Harry Zahlis (Aug 05)
- Re: WSJ Article - A Contrarian View on Data Breaches Hudson, Edward (Aug 05)
- Re: WSJ Article - A Contrarian View on Data Breaches Emery Rudolph (Aug 05)
- Re: WSJ Article - A Contrarian View on Data Breaches Wendy Wallman (Aug 05)
- Re: WSJ Article - A Contrarian View on Data Breaches Harry Hoffman (Aug 05)
- Re: WSJ Article - A Contrarian View on Data Breaches Ruth Ginzberg (Aug 05)
- Re: WSJ Article - A Contrarian View on Data Breaches Manjak, Martin (Aug 05)
- Re: WSJ Article - A Contrarian View on Data Breaches Julian Y Koh (Aug 05)
- Re: WSJ Article - A Contrarian View on Data Breaches Harry Hoffman (Aug 05)