Consumers increasingly blame companies for data breaches

  • 25 September 2014
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By HNS Staff/ Posted on 25 September 2014.
 
Moving forward, every company involved in a major data breach—those actually attacked, such as retailers Home Depot, Target, Goodwill and Neiman Marcus, as well as banks, healthcare, insurance and Internet Service Providers, etc.—is going to pay an even higher price when customers’ information is compromised. In fact, each high-profile hack will take its toll on the executive suite and the bottom line alike, say the results of a poll conducted by HyTrust.

The survey reveals that more than half of all respondents, 51%, will take their business elsewhere after a breach that compromises personal information, including address, social security number, and credit card details.

Almost as many, 45.6%, say the companies involved should be considered ‘criminally negligent’ the moment a breach occurs, with the majority also believing that all officers of a company should be held responsible.

 
 
Help Net Security/ full article here/ http://www.net-security.org/secworld.php?id=17411

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