Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Comments
Businesses Fear Brand Damage More Than Security Breaches
Newest First  |  Oldest First  |  Threaded View
Survivalindeed
100%
0%
Survivalindeed,
User Rank: Apprentice
2/23/2017 | 8:57:59 AM
Re: This is tactical info
Yes For Sure
Sammy324
50%
50%
Sammy324,
User Rank: Strategist
2/6/2017 | 2:30:32 PM
Re: This is tactical info
Can't add anything to that, thanks. :D
Joe Stanganelli
50%
50%
Joe Stanganelli,
User Rank: Ninja
2/5/2017 | 12:57:08 PM
Re: Great research! Much more education of business leaders on the other damages of security breaches is needed.
@David: More to the point, what would be helpful is exposing enterprises to more and better research on the costs of each negative aspect realized from a security breach.  In some cases, brand damage may in fact be the costliest thing to worry about -- while in many cases, it may not be.
Joe Stanganelli
50%
50%
Joe Stanganelli,
User Rank: Ninja
2/5/2017 | 12:56:02 PM
Not THAT unsensible
It's not that unsensible.  It's a bit like saying a person fears pain more than they fear being set on fire.  There are lots of ways one can realize pain, and there are far more negative consequences to pain that being set on fire carries -- but it's one of the most obvious and one of the most devastating.

So too with brand damage.  There are lots of ways brand damage can happen, and lots of bad stuff that comes from security breaches, but it appears that most businesses have determined that the costliest of the costly consequences of security breaches is that of brand damage.

And it's hard not to find common ground with that point -- particularly if the breach happened because you/your organization did something stupid and/or ill-advised (TJX, Target, and Home Depot come to mind).
DavidK194
100%
0%
DavidK194,
User Rank: Author
2/3/2017 | 10:31:58 AM
Great research! Much more education of business leaders on the other damages of security breaches is needed.
Enjoyed the article.  Often reputation and brand damage is what I hear when I speak with customers.  Much more must be done to educate our enterprises of other damaging effects of breaches.  Intellectual property loss is huge among corporations as well as lost business opportunities due to competitors using intel gathered to out bid them.

 


Edge-DRsplash-10-edge-articles
I Smell a RAT! New Cybersecurity Threats for the Crypto Industry
David Trepp, Partner, IT Assurance with accounting and advisory firm BPM LLP,  7/9/2021
News
Attacks on Kaseya Servers Led to Ransomware in Less Than 2 Hours
Robert Lemos, Contributing Writer,  7/7/2021
Commentary
It's in the Game (but It Shouldn't Be)
Tal Memran, Cybersecurity Expert, CYE,  7/9/2021
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
Enterprise Cybersecurity Plans in a Post-Pandemic World
Download the Enterprise Cybersecurity Plans in a Post-Pandemic World report to understand how security leaders are maintaining pace with pandemic-related challenges, and where there is room for improvement.
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-20691
PUBLISHED: 2021-09-27
An issue in Monstra CMS v3.0.4 allows attackers to execute arbitrary web scripts or HTML via bypassing the file extension filter and uploading crafted HTML files.
CVE-2020-20692
PUBLISHED: 2021-09-27
GilaCMS v1.11.4 was discovered to contain a SQL injection vulnerability via the $_GET parameter in /src/core/controllers/cm.php.
CVE-2020-20693
PUBLISHED: 2021-09-27
A Cross-Site Request Forgery (CSRF) in GilaCMS v1.11.4 allows authenticated attackers to arbitrarily add administrator accounts.
CVE-2020-20695
PUBLISHED: 2021-09-27
A stored cross-site scripting (XSS) vulnerability in GilaCMS v1.11.4 allows attackers to execute arbitrary web scripts or HTML via a crafted SVG file.
CVE-2020-20696
PUBLISHED: 2021-09-27
A cross-site scripting (XSS) vulnerability in /admin/content/post of GilaCMS v1.11.4 allows attackers to execute arbitrary web scripts or HTML via a crafted payload in the Tags field.