Re: WSJ Article - A Contrarian View on Data Breaches

[Quentin L McCallum <mccalluq () LCC EDU>]

I recall that Target's stock price took a severe hit. People stopped trusting Target's brick-and-mortar and online 
stores and stopped shopping there.

With regards,
Quentin

From: The EDUCAUSE Security Constituent Group Listserv [mailto:SECURITY () LISTSERV EDUCAUSE EDU] On Behalf Of Harry 
Hoffman
Sent: Tuesday, August 05, 2014 9:28 AM
To: SECURITY () LISTSERV EDUCAUSE EDU
Subject: Re: [SECURITY] WSJ Article - A Contrarian View on Data Breaches

I'd love to see some hard evidence of reputational damage. Folks always point to it as a major concern but I've yet to 
see one organization show anything tangible in regard to damaged reputation.

Cheers,
Harry


On Aug 5, 2014, at 9:06 AM, Peter Lundstedt <peter.lundstedt () drake edu<mailto:peter.lundstedt () drake edu>> wrote:


Curious if anyone read the article in today's Wall Street Journal titled A Contrarian View on Data Breaches.

The interviewees seem to have a viewpoint around what's best for their bottom line and for their shareholders, rather 
than what may be best for the cardholder.  We've never suffered a breach (that we know of) but I can't imagine trying 
to keep it under wraps in hope that our reputation would not suffer.

Interested in others opinions.

Article Link<http://online.wsj.com/articles/a-contrarian-view-on-data-breaches-1407194237?mod=WSJ_hp_LEFTTopStories>

Peter Lundstedt|  Information Security Analyst
Drake Technology Services (DTS) | Drake University