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Cyber Risks · Krebs on Security

Krebs’s Immutable Truths About Data Breaches

Summary: Krebs on Security republished a list of what it calls immutable truths about data breaches, including that anything connected to the Internet will be attacked, anything of value online will be targeted for theft, and stolen data will find buyers even when it has no immediate use to the thief. The post restates the same points in the voice of a cybercriminal, who notes the price paid for stolen data is a tiny slice of its true worth to the victim and that organizations unwilling to spend a fraction of that value on security are his favorite customers.

Bottom line: The post's own framing puts the attacker's return on a stolen asset at a tiny slice of what it is worth to the victim, which means the gap between what you spend on defense and what your data is worth is the attacker's margin.

Read the original at Krebs on Security ↗

Topics
Data Breaches
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