A Day of Reckoning is Coming
Over at The CMO Site, Terry Sweeney explains that “Hacker Attacks Won’t Hurt Your Company Brand.” Take a couple of minutes to watch this.
Let me call your attention to this as a turning point for a trend. Those of us in the New School have been saying this for several years, but the idea that a breach is unlikely to kill your organization is spreading, because it’s backed by data.
That’s a good thing for folks who are in the New School, but not so good for others. If you’ve been spreading FUD (even with the best of intentions), you’re going to face some harsh questions.
By regularly making claims which turn out to be false, people undermine their credibility. If you’re one of those people, expect questions from those outside security who’ve heard you make the claim. The questions will start with the claim of brand damage, but they might not end there. They’ll continue into other areas where neither the questioner or you have any data. If you make good calls in the absence of data, then that’s ok. Leaders always make calls with insufficient data. What’s important is that they’re good calls. And talking about brand damage no longer looks like a good call, an ok call, or even a defensible call. It’s something that should have stopped years ago. If you’re still doing it, you’re creating problems for yourself.
Even worse, you’re creating problems for security professionals in general. There’s a very real problem with our community spreading fear, and even those of us who have been pushing back against it have to deal with the perception that our community thrives on FUD.
If you’ve been making this claim, your best move is to start repudiating it. Get ahead of the curve before it hits you. Or polish up your resume. Maybe better to do both.
Terry Sweeny is right. Hacker attacks won’t hurt your company brand. And claims that they do hurt security’s brand.
[Update: I’ve responded to two classes of comments in “Requests for a proof of non-existence” and “A critique of Ponemon Institute methodology for “churn”.” Russell has added an “in-depth critique of Ponemon’s method for estimating ‘cost of data breach’.”]