
By Steve Ranger
Published: Tuesday 24 July 2007
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Name
Cassandra
Location
Scotland Edinburgh
Occupation
Business & Systems Analyst
Comment
Why invite us to feel sorry for poor execs wondering if they can get away with not reporting security lapses that involve personal ID and access to the other person's money and information? Not all thefts are reported - with little chance of recovery and no incenitive to pursue a loss and where the publicity can damage a firm's reputation.
I can accept a choice exists only where it is not deceitful to bear small losses and providing the Co. agrees to bear all consequential losses. If no-one will report such attacks or thefts honestly it will be the customers who will bear the losses.
It is fraudulent to claim customer data is safe when your security profile is distorted by under reporting. When will Co.s ever come clean? Scams will go undetected - unless they are reported. I suggest a common report is shared by police and Info-Commissionaire.
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