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Re: [Full-disclosure] Re: Is the Bottom Line Impacted by Security Breaches?
From: bkfsec (bkfsecsdf.lonestar.org)
Date: Thu Sep 29 2005 - 09:22:10 CDT
Michael Holstein wrote:
>> One would hear about such loss from publicly traded companies,
>> similar to
>> the 4% loss in Q2/2005 due to the Wendy's chili case.
> And hopefully .. once they go public .. they'll be held a bit more
Of course, the other problem is that credit cards aren't fast food
restaurants. Most people can't just decide to get another credit card,
not that any other company is much different.
The "variety" of credit card companies is a joke. They all suck on this
level and, as such, going through the headaches of trying to get another
account just to get out of an assumption of compromise of your data is
Even then most credit card companies, once you close your account, will
still take charges to the account at least for a certain period of
time. So, why change horses when there's no guarantee of decreased
exposure? That's the big question, and the primary reason why the
comparison is flawed.
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