Full Disclosure mailing list archives
Re: Is the Bottom Line Impacted by Security Breaches?
From: Frank Knobbe <frank () knobbe us>
Date: Wed, 28 Sep 2005 13:54:27 -0500
On Wed, 2005-09-28 at 10:22 -0400, Kenneth F. Belva wrote:
In the paper I ask: "If 40 million customer credit card numbers are exposed in a security breach at the credit card processor CardSystems, why do a significant number of people not cancel their Visa and/or Mastercard?"
Simple. The credit card numbers are exposed every time they make a purchase as well. Now, it someone commits fraud with your name and card number (which a convenience store clerk can do himself... no high-profile server breach needed), then the customer is only liable for minimal damages. The risk and liability lies with the credit card company. Perhaps you should ask: "If 40 million customer social security numbers are exposed in a security breach at the credit card processor CardSystems, why do a significant number of people not request new social security numbers?" After all, there is no limit on liability with fraud on those.... Regards, Frank
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Current thread:
- Is the Bottom Line Impacted by Security Breaches? Kenneth F. Belva (Sep 28)
- Re: Is the Bottom Line Impacted by Security Breaches? Michael Holstein (Sep 28)
- Re: Is the Bottom Line Impacted by Security Breaches? Frank Knobbe (Sep 28)
- Re: Is the Bottom Line Impacted by Security Breaches? Kurt Buff (Sep 28)
- <Possible follow-ups>
- Is the Bottom Line Impacted by Security Breaches? Kenneth F. Belva (Sep 28)
- Re: Is the Bottom Line Impacted by Security Breaches? Michael Holstein (Sep 28)
- Re: Re: Is the Bottom Line Impacted by Security Breaches? IRCGNet (Sep 29)
- Re: Re: Is the Bottom Line Impacted by Security Breaches? bkfsec (Sep 29)
- Re: Is the Bottom Line Impacted by Security Breaches? fd (Sep 28)
- Re: Is the Bottom Line Impacted by Security Breaches? Michael Holstein (Sep 28)