Survey Says! Jail for CEO's of Breached Companies

Posted by John B. Frank Friday, May 1, 2009

Data breach CEOs should face jail: survey - Security : News

A new survey of security executives has revealed that they believe CEOs and board members should face imprisonment for exposing consumers’ confidential data.

The survey, carried out on behalf of Websense at this year’s e-Crime Congress, found that 30% of the 104 respondents believe jail time is a suitable punishment for security breaches that result in the loss of confidential data.

Negligent security procedures should also result in a fine for the guilty company, 62% of respondents believed.

Compensation for consumers whose data had been compromised was favoured by 68% of respondents.

The tables are turning. If security executives feel that strongly about the crime, then it's time for CEO's to start seriously looking at protecting cardholder data.

Here's my "hard cell" ... CEO's now have a choice!

1 PCI 2.0 Approved PED with 3DES End to End Encryption with DUKPT (pronounced DUCK PUT) key management or...
2. Get PUT away and throw away the key? (no key management)

I do know that 10 out of 10 people surveyed would rather have HomeATM Monitoring than go to Jail.

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