Computerweekly reports that Yahoo’s shareholdwers had to accep a relevant cut on the transaction with Verizon to sell Yahoo due to the security breaches that came into light over the last months: 350 M$.
Not peanuts. How much security could have they bought for such an amount of money?
It is interesting to take these extreme figures into account while most companies are evaluating the impact of the GDPR on their IT and compliance spending in the next two years.
Too often the emphasis is put on the potential fines (up to 4% of the global revenues …) but in this case non fines are considered: just business value.
If personal data are the new gold of the XXI century, it seems quite obvious that putting it at risk may cost a lot.