Re: WSJ Article - A Contrarian View on Data Breaches

["Frazier, William S [ITSYS]" <frazier () IASTATE EDU>]

I would think that long term effects might be more of a problem.  Keeping a
breach cloaked might have a short term benefit to reputation.  What happened
when the cloak is finally torn?  The Catholic Church comes to mind.

Bill
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William Frazier                         frazier () iastate edu
     voice: (515) 294-8620
Iowa State University              fax:   (515) 294-1717
Information Technology Services, 251 Durham, Ames, Iowa 50011-2251



From:  Roger A Safian <r-safian () NORTHWESTERN EDU>
Reply-To:  The EDUCAUSE Security Constituent Group Listserv
<SECURITY () LISTSERV EDUCAUSE EDU>
Date:  Tuesday, August 5, 2014 at 8:32 AM
To:  "SECURITY () LISTSERV EDUCAUSE EDU" <SECURITY () LISTSERV EDUCAUSE EDU>
Subject:  Re: [SECURITY] WSJ Article - A Contrarian View on Data Breaches

> From my point of view, it seems that the reputational damage might happen to
those who are in the initial group of whatever the problem is.  Was it Ohio
University who was in the paper and their alumni seemed very upset.  (Maybe
5 tears ago?)
 

From: The EDUCAUSE Security Constituent Group Listserv
[mailto:SECURITY () LISTSERV EDUCAUSE EDU] On Behalf Of Harry Hoffman
Sent: Tuesday, August 5, 2014 8:28 AM
To: SECURITY () LISTSERV EDUCAUSE EDU
Subject: Re: [SECURITY] WSJ Article - A Contrarian View on Data Breaches
 
I¹d love to see some hard evidence of reputational damage. Folks always
point to it as a major concern but I¹ve 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>
wrote:


> Curious if anyone read the article in today¹s Wall Street Journal titled A
> Contrarian View on Data Breaches.
>
>  
>
> The interviewees seem to have a viewpoint around what¹s best for their bottom
> line and for their shareholders, rather than what may be best for the
> cardholder.  We¹ve never suffered a breach (that we know of) but I can¹t
> 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

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