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Dell warns of data breach, 49 million customers allegedly affected (www.bleepingcomputer.com)

submitted 4 months ago by [email protected] to c/[email protected]

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[–] [email protected] 5 points 4 months ago* (last edited 4 months ago) (1 children)

Instantly makes ~~ransomware~~ [edit 2: my brain was being dumb, I didn't mean literally ransomware, I meant hackers blackmailing companies with the threat of releasing/selling stolen data] far more profitable.

Edit: And heavily discourages self-reporting. There’s a Schneier quote I like: “You can't defend. You can't prevent. The only thing you can do is detect and respond.”

[–] [email protected] 2 points 4 months ago (1 children)

If the data is breached, won't we find out anyways once they start selling it?

[–] [email protected] 2 points 4 months ago

Absolutely. But the penalty does modify the cost-benefit analysis. If a hacker demands $5m or else they will release stolen data, you might be more inclined to YOLO the 5 mil on the 1% chance they're an honest hacker if the penalty for the breach is $50bn.