Take the 2-minute tour ×
Information Security Stack Exchange is a question and answer site for Information security professionals. It's 100% free, no registration required.

When someone says "why do we need to spend so much money and effort on security, we need to focus on market share first and once someone finds a problem we will fix it", I would like to have a list of security breaches which involved severe financial or reputation loss - measured in dollars rather than bits and bytes - to help me argue the case for security.

Can you provide actual values, or accepted calculations on losses from security breaches?

share|improve this question
2  
@Secure: this looks like a request to Google a link for you. Please find the article for yourself: if it presents interesting or confusing points, you're welcome to ask questions about them here :) –  user185 Apr 23 '11 at 20:15
4  
@Graham - the obligatory reference: slash7.com/2006/12/22/vampires –  Rory Alsop Apr 23 '11 at 20:21
4  
@secure from security.stackexchange.com/questions/how-to-ask "Have you thoroughly searched for an answer before asking your question? Sharing your research helps everyone. Tell us what you found and why it didn’t meet your needs. This demonstrates that you’ve taken the time to try to help yourself, it saves us from reiterating obvious answers, and most of all it helps you get a more specific and relevant answer!" –  user185 Apr 23 '11 at 21:01
4  
Have updated the question to hopefully make it more applicable, and reopened –  Rory Alsop Apr 24 '11 at 20:38
2  
The request for someone to do the google search for you for a specific article you remember is offtopic. But Rory's rewrite gets to the heart of how SE can help add value - so thanks for getting the ball rolling! –  nealmcb Apr 24 '11 at 20:47
show 3 more comments

3 Answers

The return on investment for security measures is really hard to show. Companies that were compromised by NIMDA or CodeRed had their losses published. Here has a good discussion about it: Schneier on Security: Security ROI

share|improve this answer
add comment

Is a 24 billions dollars loss enough? (even if I personally find the $314 loss per account number hard to justify)

PlayStation Network Breach Could Cost Sony $24 Billion

This very public case have the merit of really putting the problem out in the spotlight.

share|improve this answer
add comment

It looks like the Sony case has cost them $171 million plus a few extra bits and pieces, such as hiring a CSO (finally)

The breach at RSA cost RSA $66 million - admittedly this one has also cost Lockheed and others, but those are more indirect.

share|improve this answer
add comment

Your Answer

 
discard

By posting your answer, you agree to the privacy policy and terms of service.