Cybersecurity is expensive and doesn’t contribute directly to profits. It can prevent serious damages (legal, financial, and reputation) but that requires long-term thinking. Most executives don’t look past quarterly earnings.
Neoliberals: “OK how about we keep doing the thing that makes them care only about next quarter, but give them a $1 fine every time they’re negligent?”
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Cybersecurity is expensive and doesn’t contribute directly to profits. It can prevent serious damages (legal, financial, and reputation) but that requires long-term thinking. Most executives don’t look past quarterly earnings.
Neoliberals: “OK how about we keep doing the thing that makes them care only about next quarter, but give them a $1 fine every time they’re negligent?”