Re: [Full-disclosure] Is the Bottom Line Impacted by Security Breaches?

From: Frank Knobbe (frank_at_knobbe.us)
Date: 09/28/05

  • Next message: Todd Towles: "RE: [Full-disclosure] Is the Bottom Line Impacted by Security Breaches?"
    To: ken@ftusecurity.com
    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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  • Next message: Todd Towles: "RE: [Full-disclosure] Is the Bottom Line Impacted by Security Breaches?"

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