Letter: Use Even More Caution Putting Personal Information Out There
HJL, A study by the RAND Corporation, published in the Journal of Cybersecurity, looked at the frequency and cost of IT security failures in U.S. businesses and found that the cost of a break-in is much lower than thought, typically around $200,000 per case. With top-shelf security systems costing a lot more than that, not beefing up security looks in some ways like a smart business decision. “I’ve spent my life in security and everyone expects firms to invest more and more,” the report’s author Sasha Romanosky told The Reg. “But maybe firms are making rational investments and we shouldn’t …