this post was submitted on 24 Dec 2023
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Profit > Security. These companies don't care so long as the consequences don't affect profit significantly enough. Infosec is always an afterthought, if considered at all.
Stupidest thing I've ever heard, you've clearly never worked for a company that's dealt with a customer info data breach. It costs them massive amounts of money to clean them up, pay for identity protection (never take that) and the PR alone costs them more in the end.