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from the need-to-fix-their-little-red-wagon dept.
Now this is scary. CNBC has a story posted: Execs: We're not responsible for cybersecurity. The story was posted on April 1, but I do not think this is a joke.
More than 90 percent of corporate executives said they cannot read a cybersecurity report and are not prepared to handle a major attack, according to a new survey.
More distressing is that 40 percent of executives said they don't feel responsible for the repercussions of hackings, said Dave Damato, chief security officer at Tanium, which commissioned the survey with the Nasdaq.
"I think the most shocking statistic was really the fact that the individuals at the top of an organization — executives like CEOs and CIOs, and even board members — didn't feel personally responsible for cybersecurity or protecting the customer data," Damato told CNBC's "Squawk Box". ...
"As a result they're handing this off to their techies, and they're really just placing their heads in the sand right now," he said.
I suppose I should not be surprised, but I find it absolutely appalling that there could be this level of active ignorance at such a high level in an organization. What would it take to make said "leaders" actually care about security?
Current practices of providing a year or two of credit monitoring seems woefully inadequate compensation. What if the affected company had to make an actual cash payout of, say, $500 to every person who had their personally identifiable information (PII) compromised? Treble that amount if the notification is not "timely"?
(Score: 4, Insightful) by frojack on Wednesday April 13 2016, @06:51PM
"If a crime is committed by the organisation - the
liability of the directors is completely unrestricted. The directors are jointly and
severally liable for everything that the organisation (ie ANY and ALL employees) has done
unless it can be shown that they actively took all steps available to them as individuals.
IE "I did not know it was going on" is proof of guilt.
So nothing bigger than a Mom and Pop corner grocery store could exist in your special little world then, right?
Because if some pimply faced kid spits in a burger he is frying for his rival, the CEO goes to jail because
he is obviously guilty of not personally supervising that pimply faced kid, and all the other 250,000 employees.
Sorry, but you are delusional. That world has NEVER existed other than the person to person barter world.
I'm guessing your about 14 years old, never held a job, never employed anyone, and sure as hell never ran
a business.
The very reason corporations exist since Roman times ~527 AD, is because civilization has learned that nothing of size can exist based on the work of a single individual, or even a small group, where each individual is 100% responsible. Sooner or later you have to employ someone else.
No, you are mistaken. I've always had this sig.