Robert Galambos wrote: > It isn't Hyperbole..... According to studies, which I mention at least one, > the average cost is about $197 USD and that was in 2007. If you consider ALL > cost (which can include lost of sales, legal costs, cost to 'maintain the > customer base', cost for credit monitoring (if applicable), 'SPPINING' (no > reference to fox news <S>), losing business focus, soft costs etc) it can be > even much higher.
Hey, with a product in that market, I'm all for the Heartland breach being worth $20B -- I just don't believe it myself. Sure, a single card can easily cost $200++, but every one of the 100M aren't going to cost that much. If so, then that single breach was worth the GNP of several countries, and we need to charge more for our product :-) Is SPPINING a typo for SPINNING or is this some new jargon I've not come across? Straight question, not trying to be a pain! ...phsiii (desperately trying to avoid Muphrey's Law) ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
