jnorthrop
Joined 17 years ago
Joined 17 years ago
> Recognizing that reality, the Commission’s proposed order will follow Rellas even if he leaves Drizly. Specifically, Rellas will be required to implement an information security program at future companies if he moves to a business collecting consumer information
I'm not aware of any other decree following the CEO to other companies.
A bit off your "real" point: No company should ever spend more mitigating a risk than the potential cost they could incur from the risk. That is just good business, but the reality is that companies generally won't spend more on cybersecurity than their peers (either as a percentage of revenue or percentage of IT spend). Whether that is the proper balance for a risk/spend calculation is the real topic.
The problem is that we can't accurately calculate the probability of a cyber event and the cost impact of that event. So the company is stuck waiting for an attack on themselves or one of their cohorts so they can adjust.
Bolstering the recommendation is the fact that the proliferation of supply chain attacks recently is adding pressure for companies to perform more thorough diligence on their vendors. The certification helps check all the boxes.
Mr. Politician replies, "I trust the individuals that voted for me. They're smart. Its the public in general that can't be trusted."
And it is not like my work from 1990-2000 wasn't valuable. I worked on a complex large scale analytics system in the early 90's and migrated to large scale web-based applications in the later half of the decade. I'm proud of that work and have some interesting lessons and stories from that time period, but they are telltale of my age and were working against me.