Opinion – Personal responsibility and data theft
Tuesday, June 27th, 2006The Security Catalyst’s Security Round Table – Episode 2 podcast, focused on data theft.
The focus of the conversation turned to individual responsibility. Should individuals be responsible for the theft of the data?
My opinion? I wholeheartedly agree.
My background as an economist says to hit them where it hurts. For a public company, hitting the bottom line hurts the most. For government officials, money may not be as important as position (I assume CEO’s make more than government officials).
But what hurts both. Jail time!
I still think that very high fines for public companies would be very effective, but I’m not sure that same philosophy works for governmental organizations who might just work to increase their appropriations to cover their stupid mistakes.
We’ve already seen criminal liability ala Sarbanes Oxley. Perhaps it is time to extend that to the protection of personal information.
How do we extend this internationally? What happens if a German company looses data on American customers? Good question. I’ll leave this to the lawyer-types.
But accountability is the key. I cannot influence how my personal information is used or abused, so responsibility for keeping it safe must be applied to those who are in possession of that information.
Bill